Growth Metrics

HeartCore Enterprises (HTCR) Research & Development (2021 - 2025)

HeartCore Enterprises posted quarterly Research & Development of $58146.0 for Q4 2025, up 662.87% year-on-year from $7622.0 in Q4 2024, and down 76.65% on a QoQ basis from $248997.0 in Q3 2025.

HeartCore Enterprises (HTCR) has 5 years of Research & Development data on file, last reported 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.
  • Across five years, Research & Development topped out at $729838.0 in Q4 2023 and bottomed at $7622.0 in Q4 2024.
  • The 5-year median for Research & Development is $98696.5 (2022), against an average of $151757.8.
  • The widest annual swing landed in 2023, when Research & Development soared 1174.54%; it then slumped 98.96% in 2024.
  • A 5-year view of Research & Development shows it stood at $188883.0 in 2021, then plunged by 69.68% to $57263.0 in 2022, then jumped by 1174.54% to $729838.0 in 2023, then sank by 98.96% to $7622.0 in 2024, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 HeartCore Enterprises 4.03 Mn -1.75 Mn 74,045.00 -

Historic Data

Download Data 🔒
DateValue
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