HeartCore Enterprises (HTCR) Research & Development (2021 - 2025)
HeartCore Enterprises (HTCR) reported Research & Development of $58146.0 for Q4 2025, up 662.87% on a YoY basis from $7622.0 in Q4 2024, and down 76.65% quarter-over-quarter from $248997.0 in Q3 2025.
HeartCore Enterprises (HTCR) Research & Development (2021 - 2025) Analysis & Trends
HeartCore Enterprises has reported Research & Development for 5 years, with the latest figure at $58146.0 in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 662.87% year-over-year to $58146.0; the trailing twelve-month figure through Dec 2025 stood at $592517.0 (up 118.05% YoY), and the FY2025 full-year result was $592517.0, up 229.61% from the prior year.
- Research & Development for Q4 2025 stood at $58146.0, down from $248997.0 in the prior quarter.
- The five-year high for Research & Development was $729838.0 in Q4 2023, with the low at $7622.0 in Q4 2024.
- Historically, Research & Development has averaged $151757.8 across 5 years, with a median of $98696.5 in 2022.
- Annual changes were most pronounced in 2023 — Research & Development soared 1174.54% — and 2024, when it plunged 98.96%.
- HeartCore Enterprises' Research & Development stood at $188883.0 in 2021, then sank by 69.68% to $57263.0 in 2022, then soared by 1174.54% to $729838.0 in 2023, then slumped by 98.96% to $7622.0 in 2024, then soared by 662.87% to $58146.0 in 2025.
- The last three Research & Development figures came in at $58146.0 (Q4 2025), $248997.0 (Q3 2025), and $161481.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | HeartCore Enterprises | 4.29 Mn | -1.49 Mn | 74,045.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 58,146.00 |
| Sep 30, 2025 | 248,997.00 |
| Jun 30, 2025 | 161,481.00 |
| Mar 31, 2025 | 123,893.00 |
| Dec 31, 2024 | 7,622.00 |
| Sep 30, 2024 | 63,709.00 |
| Jun 30, 2024 | 111,268.00 |
| Mar 31, 2024 | 89,134.00 |
| Dec 31, 2023 | 729,838.00 |
| Sep 30, 2023 | 170,071.00 |
| Jun 30, 2023 | 39,608.00 |
| Mar 31, 2023 | 79,624.00 |
| Dec 31, 2022 | 57,263.00 |
| Sep 30, 2022 | 58,275.00 |
| Jun 30, 2022 | 417,228.00 |
| Mar 31, 2022 | 108,259.00 |
| Dec 31, 2021 | 188,883.00 |
| Sep 30, 2021 | 189,686.00 |
| Jun 30, 2021 | 80,025.00 |
| Mar 31, 2021 | 52,146.00 |