Intchains (ICG) Research & Development (2021 - 2025)
Intchains' (ICG) quarterly Research & Development came in at -$1.9 million in Q4 2025, up 70.3% on a YoY basis from -$1.1 million in Q4 2024, and up 41.33% quarter-over-quarter from -$3.2 million in Q3 2025.
Analysis
Intchains (ICG) Research & Development (2021 - 2025) Analysis & Trends
Intchains (ICG) has reported Research & Development for 5 consecutive years, with -$1.9 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 70.3% year-over-year to -$1.9 million; the trailing twelve-month figure through Dec 2025 stood at -$10.8 million (up 28.58% YoY), and the FY2025 full-year result was -$11.1 million, up 26.28% from the prior year.
- Research & Development improved to -$1.9 million in Q4 2025 per ICG's latest filing, from -$3.2 million in the prior quarter.
- Across five years, Research & Development topped out at -$747308.8 in Q1 2022 and bottomed at -$6.3 million in Q4 2024.
- Historically, Research & Development has averaged -$2.6 million across 5 years, with a median of -$2.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Research & Development tumbled 334.79% in 2024, then soared 70.3% in 2025.
- Over 5 years, Research & Development stood at -$4.3 million in 2021, then soared by 66.74% to -$1.4 million in 2022, then tumbled by 36.31% to -$2.0 million in 2023, then slumped by 219.57% to -$6.3 million in 2024, then jumped by 70.3% to -$1.9 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$1.9 million, -$3.2 million, and -$2.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 2.90 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 2.53 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -838.00 Mn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 741.10 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 2.61 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 118.62 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 135.90 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 114.52 Mn |
| 10 | Intchains | 58.89 Mn | -8.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -1.87 Mn |
| Sep 30, 2025 | -3.18 Mn |
| Jun 30, 2025 | -2.13 Mn |
| Mar 31, 2025 | -3.63 Mn |
| Dec 31, 2024 | -6.29 Mn |
| Sep 30, 2024 | -1.96 Mn |
| Jun 30, 2024 | -1.82 Mn |
| Mar 31, 2024 | -5.06 Mn |
| Dec 31, 2023 | -1.97 Mn |
| Sep 30, 2023 | -1.56 Mn |
| Jun 30, 2023 | -1.24 Mn |
| Mar 31, 2023 | -1.16 Mn |
| Dec 31, 2022 | -1.44 Mn |
| Sep 30, 2022 | -2.81 Mn |
| Jun 30, 2022 | -2.19 Mn |
| Mar 31, 2022 | -747,308.78 |
| Dec 31, 2021 | -4.34 Mn |