Rand Capital (RAND) Research & Development (2022 - 2025)

Rand Capital (RAND) recorded quarterly Research & Development of $6994.0 in Q1 2025, up 221.86% quarter-over-quarter from $2173.0 in Q4 2024, and up 26.13% on a YoY basis from $5545.0 in Q1 2024.

Rand Capital (RAND) Research & Development (2022 - 2025) Analysis & Trends

Rand Capital's Research & Development history runs 4 years deep, the most recent figure standing at $6994.0 for Q1 2025.

  • In Q1 2025, Research & Development rose 26.13% year-over-year to $6994.0; the TTM figure through Mar 2025 stood at $14435.0 (up 86.04% YoY), while the FY2024 annual figure was $12986.0, up 119.1% from the prior year.
  • Research & Development was $6994.0 for Q1 2025 at Rand Capital, up from $2173.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $6994.0 in Q1 2025 to a low of $387.0 in Q3 2024.
  • Historically, Research & Development has averaged $2966.0 across 4 years, with a median of $2600.0 in 2022.
  • The sharpest annual moves came in 2023 and 2024: Research & Development declined 23.69% in 2023, then surged 781.05% in 2024.
  • A 4-year view of Research & Development shows it stood at $726.0 in 2022, then soared by 128.65% to $1660.0 in 2023, then soared by 30.9% to $2173.0 in 2024, then surged by 221.86% to $6994.0 in 2025.
  • The last three Research & Development figures came in at $6994.0 (Q1 2025), $2173.0 (Q4 2024), and $387.0 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - 637.00 Mn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - 206.00 Mn
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Rand Capital 30.52 Mn 30.19 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2025 6,994.00
Dec 31, 2024 2,173.00
Sep 30, 2024 387.00
Jun 30, 2024 4,881.00
Mar 31, 2024 5,545.00
Dec 31, 2023 1,660.00
Jun 30, 2023 554.00
Mar 31, 2023 3,713.00
Jun 30, 2022 726.00
Mar 31, 2022 3,027.00