NewtekOne (NEWT) Research & Development (2023 - 2026)
NewtekOne (NEWT) posted quarterly Research & Development of $3.0 million for Q1 2026, up 8.25% year-over-year from $2.7 million in Q1 2025, and up 8.25% quarter-over-quarter from $2.7 million in Q1 2025.
NewtekOne (NEWT) Research & Development (2023 - 2026) Analysis & Trends
NewtekOne (NEWT) has reported Research & Development for 4 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 8.25% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $3.0 million (down 74.5% YoY), while the FY2024 annual figure was $12.3 million, down 14.09% from the prior year.
- Research & Development climbed to $3.0 million in Q1 2026 per NEWT's latest filing, from $2.7 million in the prior quarter.
- Across five years, Research & Development topped out at $4.3 million in Q4 2023 and bottomed at $1.8 million in Q3 2024.
- Historically, Research & Development has averaged $3.2 million across 4 years, with a median of $3.4 million in 2024.
- Annual changes were most pronounced in 2024 — Research & Development plunged 34.4% — and 2026, when it grew 8.25%.
- NewtekOne's Research & Development stood at $4.3 million in 2023, then retreated by 14.72% to $3.6 million in 2024, then slipped by 24.99% to $2.7 million in 2025, then rose by 8.25% to $3.0 million in 2026.
- Business Quant data shows NEWT's Research & Development at $3.0 million in Q1 2026, $2.7 million in Q1 2025, and $3.6 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | NewtekOne | 355.59 Mn | -39.42 Mn | - | 2.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Mar 31, 2026 | 2.95 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 |