NewtekOne (NEWT) Research & Development (2023 - 2026)
NewtekOne's (NEWT) quarterly Research & Development came in at $2.9 million in Q2 2026, down 2.5% year-over-year from $3.0 million in Q2 2025, and down 1.08% quarter-over-quarter from $3.0 million in Q1 2026.
Analysis
NewtekOne (NEWT) Research & Development (2023 - 2026) Analysis & Trends
NewtekOne (NEWT) has reported Research & Development for 4 consecutive years, with $2.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 2.5% year-over-year to $2.9 million in Q2 2026; TTM through Jun 2026 was $5.9 million, a 47.35% decrease from a year earlier, with the FY2024 full-year figure at $12.3 million, down 14.09% from the prior year.
- Research & Development was $2.9 million for Q2 2026 at NewtekOne, down from $3.0 million in the prior quarter.
- Over five years, Research & Development peaked at $4.3 million in Q4 2023 and troughed at $1.8 million in Q3 2024.
- A 4-year average of $3.2 million and a median of $3.2 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development sank 34.4% in 2024 and climbed 8.25% in 2026, its largest moves.
- Over 4 years, Research & Development stood at $4.3 million in 2023, then declined by 14.72% to $3.6 million in 2024, then declined by 17.62% to $3.0 million in 2025, then decreased by 2.5% to $2.9 million in 2026.
- The last three Research & Development figures came in at $2.9 million (Q2 2026), $3.0 million (Q1 2026), and $3.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 331.33 Bn | 171.19 Bn | - | 1.20 Bn |
| 3 | Goldman Sachs | 305.35 Bn | -671.00 Bn | - | 635.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 289.43 Bn | 62.54 Bn | - | 284.73 Mn |
| 6 | Wells Fargo & Company | 271.40 Bn | 67.44 Bn | - | - |
| 7 | American Express | 217.20 Bn | 167.88 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.62 Bn | 45.29 Bn | - | - |
| 10 | NewtekOne | 345.90 Mn | -49.11 Mn | - | 2.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Mar 31, 2026 | 2.95 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 2.73 Mn |
| Dec 31, 2024 | 3.64 Mn |
| Sep 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 3.42 Mn |
| Mar 31, 2024 | 3.41 Mn |
| Dec 31, 2023 | 4.27 Mn |
| Sep 30, 2023 | 2.74 Mn |
| Jun 30, 2023 | 3.47 Mn |
| Mar 31, 2023 | 3.80 Mn |