Inter (INTR) Research & Development (2021 - 2023)
Inter's (INTR) quarterly Research & Development came in at -$39.0 million in Q3 2023, down 7.46% YoY from -$42.1 million in Q3 2022, and up 52.75% on a QoQ basis from -$82.5 million in Q2 2023.
Inter (INTR) Research & Development (2021 - 2023) Analysis & Trends
Inter (INTR) has 3 years of Research & Development data on file, last reported at -$39.0 million in Q3 2023.
- Quarterly Research & Development fell 7.46% year-over-year to -$39.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$195.7 million (up 2.09% YoY) and the FY2022 annual result came in at -$135.1 million, down 41.71% from the prior year.
- Research & Development improved to -$39.0 million in Q3 2023, from -$82.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$30.4 million in Q1 2022 to a low of -$82.5 million in Q2 2023.
- A 3-year average of -$49.4 million and a median of -$39.6 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 45.3% — and 2023, when it slumped 32.29%.
- Tracing INTR's Research & Development over 3 years: stood at -$66.3 million in 2021, then jumped by 48.88% to -$33.9 million in 2022, then retreated by 14.97% to -$39.0 million in 2023.
- The last three Research & Development figures came in at -$39.0 million (Q3 2023), -$82.5 million (Q2 2023), and -$40.3 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Inter | 2.30 Bn | 1.68 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -39.00 Mn |
| Jun 30, 2023 | -82.53 Mn |
| Mar 31, 2023 | -40.25 Mn |
| Dec 31, 2022 | -33.92 Mn |
| Sep 30, 2022 | -36.29 Mn |
| Jun 30, 2022 | -66.82 Mn |
| Mar 31, 2022 | -30.43 Mn |
| Sep 30, 2021 | -66.35 Mn |