Marchex (MCHX) Research & Development (2010 - 2025)

Marchex (MCHX) reported Research & Development of $2.2 million for Q4 2025, down 22.39% year-over-year from $2.8 million in Q4 2024, and down 6.96% quarter-over-quarter from $2.4 million in Q3 2025.

Marchex (MCHX) Research & Development (2010 - 2025) Analysis & Trends

Marchex (MCHX) has 16 years of Research & Development data on file, last reported at $2.2 million in Q4 2025.

  • Research & Development for Q4 2025 came in at $2.2 million, down 22.39% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.7 million (down 21.49% YoY), and the FY2025 annual result was $9.7 million, down 21.48% from the prior year.
  • Research & Development eased to $2.2 million in Q4 2025 per MCHX's latest filing, from $2.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $5.3 million in Q1 2021 and troughed at $2.2 million in Q4 2025.
  • A 5-year average of $3.4 million and a median of $3.2 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2021 and 2022: Research & Development slumped 45.39% in 2021, then soared 36.03% in 2022.
  • A 5-year view of Research & Development shows it stood at $2.8 million in 2021, then soared by 36.03% to $3.8 million in 2022, then dropped by 17.89% to $3.2 million in 2023, then slipped by 9.9% to $2.8 million in 2024, then decreased by 22.39% to $2.2 million in 2025.
  • Business Quant data shows MCHX's Research & Development at $2.2 million in Q4 2025, $2.4 million in Q3 2025, and $2.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 94.10 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn -
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 142.72 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 15.05 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 25.17 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 13.64 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 45.38 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn -
10 Marchex 7.08 Mn -2.86 Mn 7.66 Mn 2.21 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.21 Mn
Sep 30, 2025 2.37 Mn
Jun 30, 2025 2.50 Mn
Mar 31, 2025 2.67 Mn
Dec 31, 2024 2.84 Mn
Sep 30, 2024 3.11 Mn
Jun 30, 2024 3.22 Mn
Mar 31, 2024 3.25 Mn
Dec 31, 2023 3.15 Mn
Sep 30, 2023 3.94 Mn
Jun 30, 2023 4.10 Mn
Mar 31, 2023 4.16 Mn
Dec 31, 2022 3.84 Mn
Sep 30, 2022 3.52 Mn
Jun 30, 2022 3.53 Mn
Mar 31, 2022 3.46 Mn
Dec 31, 2021 2.82 Mn
Sep 30, 2021 3.18 Mn
Jun 30, 2021 4.79 Mn
Mar 31, 2021 5.32 Mn