Orion Digital (ORIO) Research & Development (2017 - 2026)
Orion Digital's (ORIO) quarterly Research & Development came in at $2.2 million in Q1 2026, up 11.78% YoY from $1.9 million in Q1 2025, and up 2.31% on a QoQ basis from $2.1 million in Q4 2025.
Orion Digital (ORIO) Research & Development (2017 - 2026) Analysis & Trends
Orion Digital (ORIO) has 10 years of Research & Development data on file, last reported at $2.2 million in Q1 2026.
- Quarterly Research & Development rose 11.78% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.3 million (up 6.33% YoY) and the FY2025 annual result came in at $8.0 million, up 3.38% from the prior year.
- Research & Development advanced to $2.2 million in Q1 2026, from $2.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.6 million in Q1 2022 to a low of $1.6 million in Q4 2023.
- A 5-year average of $2.1 million and a median of $2.1 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 50.74% — and 2023, when it plunged 30.25%.
- Tracing ORIO's Research & Development over 5 years: stood at $2.3 million in 2022, then sank by 30.25% to $1.6 million in 2023, then grew by 19.73% to $1.9 million in 2024, then rose by 9.68% to $2.1 million in 2025, then grew by 2.31% to $2.2 million in 2026.
- The last three Research & Development figures came in at $2.2 million (Q1 2026), $2.1 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.01 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 339.50 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Orion Digital | 20.27 Mn | 2.96 Mn | 8.49 Mn | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.17 Mn |
| Dec 31, 2025 | 2.12 Mn |
| Sep 30, 2025 | 1.97 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 1.94 Mn |
| Dec 31, 2024 | 1.93 Mn |
| Sep 30, 2024 | 1.74 Mn |
| Jun 30, 2024 | 2.16 Mn |
| Mar 31, 2024 | 1.94 Mn |
| Dec 31, 2023 | 1.61 Mn |
| Sep 30, 2023 | 1.90 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 2.31 Mn |
| Sep 30, 2022 | 2.44 Mn |
| Jun 30, 2022 | 2.59 Mn |
| Mar 31, 2022 | 2.64 Mn |
| Dec 31, 2021 | 2.29 Mn |
| Sep 30, 2021 | 1.65 Mn |
| Jun 30, 2021 | 2.84 Mn |