Latch (LTCH) Research & Development (2020 - 2026)
Latch's Research & Development came in at $4.06 million for Q2 2026, down 8.9% from $4.45 million a year earlier but up 7.0% from the prior quarter.
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Analysis
Latch (LTCH) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Latch reported Research & Development of $16.1 million, down 20.5% year-over-year; for FY2025, it came in at $18.34 million, up 5.9% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -6.6% (FY2020 to FY2025).
- Going back by year, Research & Development was $17.32 million in FY2024 (-48.7%), $33.79 million in FY2023 (-38.5%), $54.93 million in FY2022 (+18.9%) and $46.19 million in FY2021 (+79.1%).
- The five-year range for quarterly Research & Development is $2.94 million (Q2 2024) to $18.82 million (Q1 2022).
- Year-over-year, Research & Development has declined for four consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q4 2021 (growth of 180.4%), and the weakest in Q2 2024 (a decline of 66.1%).
- Business Quant data shows LTCH's Research & Development at $3.79 million (Q1 2026), $4.49 million (Q4 2025) and $3.76 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn | 115.71 Mn |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn | 109.00 Mn |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn | 34.77 Mn |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn | 107.00 Mn |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn | 82.09 Mn |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | 4.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.06 Mn |
| Mar 31, 2026 | 3.79 Mn |
| Dec 31, 2025 | 4.49 Mn |
| Sep 30, 2025 | 3.76 Mn |
| Jun 30, 2025 | 4.45 Mn |
| Mar 31, 2025 | 5.63 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Sep 30, 2024 | 4.88 Mn |
| Jun 30, 2024 | 2.94 Mn |
| Mar 31, 2024 | 4.20 Mn |
| Dec 31, 2023 | 5.83 Mn |
| Sep 30, 2023 | 10.24 Mn |
| Jun 30, 2023 | 8.66 Mn |
| Mar 31, 2023 | 9.06 Mn |
| Dec 31, 2022 | 8.41 Mn |
| Sep 30, 2022 | 10.99 Mn |
| Jun 30, 2022 | 16.71 Mn |
| Mar 31, 2022 | 18.82 Mn |
| Dec 31, 2021 | 17.60 Mn |
| Sep 30, 2021 | 11.69 Mn |
API Access
Latch 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=LTCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LTCH", "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=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();