Corvex (MOVE) Research & Development (2020 - 2026)
Corvex (MOVE) reported Research & Development of $1.37 million for Q2 2026, down 2.5% from $1.4 million a year earlier but up 66.2% from the prior quarter.
Corvex (MOVE) Research & Development (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Corvex's Research & Development came in at $4.14 million, down 54.8% year-over-year; for FY2025, it was $5.74 million, down 48.7% from FY2024.
- Research & Development has declined for three consecutive years, with a five-year compound annual growth rate of -7.3% (FY2020 to FY2025).
- By year, Research & Development came in at $11.2 million in FY2024 (-33.7%), $16.89 million in FY2023 (-11.1%), $18.99 million in FY2022 (+41.5%) and $13.43 million in FY2021 (+60.4%).
- Five-year quarterly Research & Development spans a low of $790,000 in Q4 2025 and a high of $5.64 million in Q3 2023.
- Year over year, Research & Development has now declined in each of the last 11 quarters, with an average decline of 42.6% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 136.4%); the low point was Q3 2025 (a decline of 65.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $822,000 (Q1 2026), $790,000 (Q4 2025) and $1.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,023.81 Bn | 3,959.30 Bn | 62.56 Bn | 9.05 Bn |
| 2 | International Business Machines | 229.57 Bn | 184.18 Bn | 9.71 Bn | 2.38 Bn |
| 3 | Cloudflare | 108.56 Bn | 91.00 Bn | 557.23 Mn | 168.20 Mn |
| 4 | Equinix | 104.79 Bn | 92.69 Bn | 1.31 Bn | - |
| 5 | Nebius | 34.62 Bn | 23.47 Bn | - | - |
| 6 | CoreWeave | 27.89 Bn | 14.98 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.57 Bn | 24.93 Bn | 393.20 Mn | 26.50 Mn |
| 8 | Nutanix | 16.13 Bn | 7.81 Bn | 651.35 Mn | 205.05 Mn |
| 9 | GoDaddy | 14.07 Bn | 9.45 Bn | 843.00 Mn | - |
| 10 | Corvex | 12.83 Mn | -43.02 Mn | 1.68 Mn | 1.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Mn |
| Mar 31, 2026 | 822,000.00 |
| Dec 31, 2025 | 790,000.00 |
| Sep 30, 2025 | 1.17 Mn |
| Jun 30, 2025 | 1.40 Mn |
| Mar 31, 2025 | 2.36 Mn |
| Dec 31, 2024 | 2.00 Mn |
| Sep 30, 2024 | 3.40 Mn |
| Jun 30, 2024 | 2.91 Mn |
| Mar 31, 2024 | 2.89 Mn |
| Dec 31, 2023 | 3.19 Mn |
| Sep 30, 2023 | 5.64 Mn |
| Jun 30, 2023 | 4.17 Mn |
| Mar 31, 2023 | 3.89 Mn |
| Dec 31, 2022 | 5.15 Mn |
| Sep 30, 2022 | 5.15 Mn |
| Jun 30, 2022 | 4.11 Mn |
| Mar 31, 2022 | 4.59 Mn |
| Dec 31, 2021 | 4.50 Mn |
| Sep 30, 2021 | 3.80 Mn |
Corvex 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=MOVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MOVE", "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=MOVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();