MindWalk Holdings (HYFT) Research & Development (2020 - 2026)
MindWalk Holdings (HYFT) recorded Research & Development of $921,603 in the quarter ended Jul 31, 2026, down 99.9% from $763.45 million a year earlier and down 19.6% from the prior quarter.
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Analysis
MindWalk Holdings (HYFT) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, MindWalk Holdings' Research & Development came in at $3.83 million as of Jul 31, 2026, down 99.5% year-over-year; for the year ended Apr 30, 2026, it came in at $3.57 million, up 18.3% from the prior year.
- Annual Research & Development has a five-year compound annual growth rate of 18.8% (years ended Apr 2021 to Apr 2026).
- Across earlier years, Research & Development came in at $3.02 million in the year ended Apr 30, 2025 (+9.1%), $2.77 million in the year ended Apr 30, 2024 (-73.9%), $10.61 million in the year ended Apr 30, 2023 (+73.7%) and $6.11 million in the year ended Apr 30, 2022 (+304.8%).
- Quarterly Research & Development has ranged from $643,846 in the quarter ended Jan 31, 2025 to $1.09 billion in the quarter ended Jul 31, 2024 over the past five years.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with an average decline of 16.5%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 393.2% in the quarter ended Jul 31, 2022, against a decline of 99.9% in the quarter ended Oct 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.15 million (quarter ended Apr 30, 2026), $874,772 (quarter ended Jan 31, 2026) and $883,077 (quarter ended Oct 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.55 Bn | 36.39 Bn | 1.44 Bn | - |
| 2 | Medpace Holdings | 17.19 Bn | 15.25 Bn | 201.64 Mn | - |
| 3 | Charles River Laboratories International | 14.06 Bn | 13.30 Bn | 363.37 Mn | - |
| 4 | Icon | 13.44 Bn | 10.55 Bn | 479.29 Mn | - |
| 5 | Fortrea Holdings | 1.91 Bn | 1.29 Bn | 139.20 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 665.78 Mn | -96.30 Mn | 18.44 Mn | 46.21 Mn |
| 7 | Evotec SE | 565.34 Mn | -1.01 Bn | - | - |
| 8 | Champions Oncology | 68.06 Mn | 43.71 Mn | 7.70 Mn | 2.34 Mn |
| 9 | MindWalk Holdings | 62.59 Mn | 26.81 Mn | 1.61 Mn | 921,603.43 |
| 10 | Natural Alternatives International | 10.67 Mn | -22.35 Mn | 383,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 921,603.43 |
| Apr 30, 2026 | 1.15 Mn |
| Jan 31, 2026 | 874,771.62 |
| Oct 31, 2025 | 883,076.78 |
| Jul 31, 2025 | 763.45 Mn |
| Apr 30, 2025 | 885,438.15 |
| Jan 31, 2025 | 643,846.14 |
| Oct 31, 2024 | 736,682.43 |
| Jul 31, 2024 | 1.09 Bn |
| Apr 30, 2024 | 705,069.39 |
| Jan 31, 2024 | 740,461.20 |
| Oct 31, 2023 | 615.81 Mn |
| Jul 31, 2023 | 709.50 Mn |
| Apr 30, 2023 | 674,012.85 |
| Jan 31, 2023 | 1.16 Mn |
| Oct 31, 2022 | 3.77 Mn |
| Jul 31, 2022 | 4.49 Mn |
| Apr 30, 2022 | 1.48 Mn |
| Jan 31, 2022 | 1.44 Mn |
| Oct 31, 2021 | 2.27 Mn |
API Access
MindWalk Holdings 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=HYFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HYFT", "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=HYFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();