Here (HERE) Research & Development (2021 - 2026)
Here's (HERE) quarterly Research & Development came in at -$1.4 million in Q1 2026, up 52.41% YoY from -$898867.4 in Q1 2025, and down 5.71% on a QoQ basis from -$1.3 million in Q4 2025.
Here (HERE) Research & Development (2021 - 2026) Analysis & Trends
Here (HERE) has 6 years of Research & Development data on file, last reported at -$1.4 million in Q1 2026.
- Quarterly Research & Development rose 52.41% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.8 million (up 42.65% YoY) and the FY2025 annual result came in at $224.9 million, down 36.82% from the prior year.
- Research & Development slipped to -$1.4 million in Q1 2026, from -$1.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$1.3 million in Q4 2025 to a low of -$20.1 million in Q2 2022.
- A 5-year average of -$5.8 million and a median of -$5.4 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development fell 15.5% — and 2025, when it jumped 66.63%.
- Tracing HERE's Research & Development over 5 years: stood at -$9.3 million in 2022, then surged by 38.0% to -$5.8 million in 2023, then soared by 32.77% to -$3.9 million in 2024, then jumped by 66.63% to -$1.3 million in 2025, then dropped by 5.71% to -$1.4 million in 2026.
- The last three Research & Development figures came in at -$1.4 million (Q1 2026), -$1.3 million (Q4 2025), and -$2.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | - |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 93.60 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | - |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 20.76 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | - |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | - |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | - |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 15.80 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | - |
| 10 | Here | 299.96 Mn | -96.31 Bn | 8.24 Mn | -1.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.37 Mn |
| Dec 31, 2025 | -1.30 Mn |
| Sep 30, 2025 | -2.22 Mn |
| Jun 30, 2025 | -2.96 Mn |
| Mar 31, 2025 | -2.88 Mn |
| Dec 31, 2024 | -3.88 Mn |
| Sep 30, 2024 | -4.00 Mn |
| Jun 30, 2024 | -2.92 Mn |
| Mar 31, 2024 | -5.38 Mn |
| Dec 31, 2023 | -5.78 Mn |
| Sep 30, 2023 | -6.00 Mn |
| Jun 30, 2023 | -7.39 Mn |
| Mar 31, 2023 | -7.22 Mn |
| Dec 31, 2022 | -9.32 Mn |
| Sep 30, 2022 | -7.65 Mn |
| Jun 30, 2022 | -20.11 Mn |
| Mar 31, 2022 | -7.45 Mn |
| Dec 31, 2021 | -8.07 Mn |