Orion Digital (ORIO) Research & Development (2017 - 2026)
Orion Digital (ORIO) reported Research & Development of $2.2 million for Q1 2026, up 11.78% on a YoY basis from $1.9 million in Q1 2025, and up 2.31% quarter-over-quarter from $2.1 million in Q4 2025.
Orion Digital (ORIO) Research & Development (2017 - 2026) Analysis & Trends
Orion Digital has reported Research & Development for 10 years, with the latest figure at $2.2 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 11.78% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $8.3 million (up 6.33% YoY), and the FY2025 full-year result was $8.0 million, up 3.38% from the prior year.
- Research & Development for Q1 2026 stood at $2.2 million, up from $2.1 million in the prior quarter.
- The five-year high for Research & Development was $2.6 million in Q1 2022, with the low at $1.6 million in Q4 2023.
- Historically, Research & Development has averaged $2.1 million across 5 years, with a median of $2.1 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development jumped 50.74% — and 2023, when it plunged 30.25%.
- Orion Digital's Research & Development 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 | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Orion Digital | 260.75 Mn | 243.43 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 |