Orion Digital (ORIO) Research & Development (2017 - 2026)
Orion Digital (ORIO) posted Research & Development of $1.99 million for Q2 2026, down 0.8% from $2 million a year earlier and down 8.2% from the prior quarter.
Orion Digital (ORIO) Research & Development (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Orion Digital was $8.24 million, up 8.3% year-over-year; for FY2025, it was $8.03 million, up 3.4% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- In prior years, Orion Digital's Research & Development was $7.77 million in FY2024 (-1.0%), $7.85 million in FY2023 (-21.3%), $9.98 million in FY2022 (+17.2%) and $8.51 million in FY2021 (+122.1%).
- Quarterly Research & Development has run from a low of $1.61 million in Q4 2023 to a high of $2.64 million in Q1 2022 over five years.
- On a year-over-year basis, Research & Development increased in four of the last eight quarters, with growth averaging 4.7%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 128.6%; the weakest was Q4 2023, with a decline of 30.2%.
- According to Business Quant data, Research & Development for the three prior quarters was $2.17 million (Q1 2026), $2.12 million (Q4 2025) and $1.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | - |
| 10 | Orion Digital | 24.66 Mn | -65.02 Mn | 9.12 Mn | 1.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.99 Mn |
| 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 |
Orion Digital 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=ORIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ORIO", "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=ORIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();