Tessera Defense & Homeland Security (HLSQ) Research & Development (2019 - 2026)
Tessera Defense & Homeland Security's Research & Development was -$315,000 in Q1 2026, compared with $5.25 million a year earlier.
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Analysis
Tessera Defense & Homeland Security (HLSQ) Research & Development (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tessera Defense & Homeland Security's Research & Development was $15.73 million through Mar 31, 2026, down 39.1% year-over-year; for FY2025, it was $21.29 million, down 13.7% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- In earlier years, Research & Development was $24.66 million in FY2024 (+47.7%), $16.7 million in FY2023 (+2.8%), $16.24 million in FY2022 (-40.5%) and $27.3 million in FY2021 (+35.9%).
- The Q1 2026 figure marks the lowest quarterly Research & Development in data going back to Q1 2019.
- Compared with a year earlier, Research & Development was higher in four of the last seven quarters, with growth averaging 30.0%.
- The best year-over-year quarter for Research & Development over five years was Q4 2024 (growth of 138.6%); the worst was Q4 2022 (a decline of 71.5%).
- Per Business Quant data, HLSQ's Research & Development in the three quarters before Q1 2026 was $4.91 million (Q4 2025), $6.12 million (Q3 2025) and $5.01 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 3.65 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 2.85 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 4.05 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Tessera Defense & Homeland Security | 257,001.96 | -12.77 Mn | 97,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -315,000.00 |
| Dec 31, 2025 | 4.91 Mn |
| Sep 30, 2025 | 6.12 Mn |
| Jun 30, 2025 | 5.01 Mn |
| Mar 31, 2025 | 5.25 Mn |
| Dec 31, 2024 | 6.38 Mn |
| Sep 30, 2024 | 7.28 Mn |
| Jun 30, 2024 | 6.90 Mn |
| Mar 31, 2024 | 4.11 Mn |
| Dec 31, 2023 | 2.68 Mn |
| Sep 30, 2023 | 5.64 Mn |
| Jun 30, 2023 | 3.82 Mn |
| Mar 31, 2023 | 4.56 Mn |
| Dec 31, 2022 | 3.20 Mn |
| Sep 30, 2022 | 3.54 Mn |
| Jun 30, 2022 | 4.58 Mn |
| Mar 31, 2022 | 4.93 Mn |
| Dec 31, 2021 | 11.20 Mn |
| Sep 30, 2021 | 6.61 Mn |
| Jun 30, 2021 | 3.82 Mn |
API Access
Tessera Defense & Homeland Security Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=HLSQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HLSQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=HLSQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();