Innventure (INVLW) Research & Development (2023 - 2025)
Innventure recorded quarterly Research & Development of $19.0 million in Q4 2025, up 209.66% quarter-over-quarter from $6.2 million in Q3 2025.
Innventure's Research & Development history runs 3 years deep, the most recent figure standing at $19.0 million for Q4 2025.
- In Q4 2025, Research & Development changed N/A year-over-year to $19.0 million; the TTM figure through Dec 2025 stood at $37.5 million (changed N/A YoY), while the FY2025 annual figure was $25.0 million, up 368.63% from the prior year.
- Research & Development came in at $19.0 million for Q4 2025 at Innventure, up from $6.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $19.0 million in Q4 2025 to a low of $1.2 million in Q4 2023.
- A 3-year average of $5.1 million and a median of $2.5 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 104.27% in 2024 and soared 274.66% in 2025, its largest moves.
- Innventure's Research & Development stood at $1.2 million in 2023, then jumped by 114.84% to $2.5 million in 2024, then surged by 651.95% to $19.0 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $19.0 million, $6.2 million, and $6.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 637.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Innventure | - | - | -7.56 Mn | 19.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.05 Mn |
| Sep 30, 2025 | 6.15 Mn |
| Jun 30, 2025 | 6.07 Mn |
| Mar 31, 2025 | 6.25 Mn |
| Sep 30, 2024 | 2.53 Mn |
| Jun 30, 2024 | 1.76 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Dec 31, 2023 | 1.18 Mn |
| Sep 30, 2023 | 1.24 Mn |