Q (QCLS) Research & Development (2013 - 2026)
Q's Research & Development came in at $510,534 for Q1 2026, down 67.0% from $1.55 million a year earlier and down 26.7% from the prior quarter.
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Analysis
Q (QCLS) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Q reported Research & Development of $2.44 million, down 35.7% year-over-year; for FY2025, it came in at $3.47 million, up 0.9% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Going back by year, Research & Development was $3.44 million in FY2024 (-56.3%), $7.87 million in FY2023 (-13.2%), $9.07 million in FY2022 (+34.4%) and $6.75 million in FY2021 (+173.4%).
- The five-year range for quarterly Research & Development is $356,352 (Q3 2025) to $2.98 million (Q3 2021).
- Year-over-year, Research & Development has declined for three consecutive quarters, with an average decline of 26.9% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2021 (growth of 354.5%), and the weakest in Q2 2024 (a decline of 82.0%).
- Business Quant data shows QCLS's Research & Development at $696,504 (Q4 2025), $356,352 (Q3 2025) and $873,472 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Q | 5.57 Mn | 17.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 510,534.00 |
| Dec 31, 2025 | 696,504.00 |
| Sep 30, 2025 | 356,352.00 |
| Jun 30, 2025 | 873,472.00 |
| Mar 31, 2025 | 1.55 Mn |
| Dec 31, 2024 | 1.13 Mn |
| Sep 30, 2024 | 707,747.00 |
| Jun 30, 2024 | 401,104.00 |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 2.96 Mn |
| Sep 30, 2023 | 1.91 Mn |
| Jun 30, 2023 | 2.22 Mn |
| Mar 31, 2023 | 770,430.00 |
| Dec 31, 2022 | 2.47 Mn |
| Sep 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 2.16 Mn |
| Mar 31, 2022 | 2.63 Mn |
| Dec 31, 2021 | 726,539.00 |
| Sep 30, 2021 | 2.98 Mn |
| Jun 30, 2021 | 1.66 Mn |
API Access
Q 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=QCLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "QCLS", "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=QCLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();