NewtekOne NEWT
NASDAQ NEWT
$12.17 +0.02 (+0.16%)
As of: Sep 10, 2026 · 3:51 PM EDT

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

Historic Data

Download Data
DateValue
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