Ryvyl (RVYL) Research & Development (2017 - 2025)
Ryvyl (RVYL) reported Research & Development of $197000.0 for Q4 2025, down 76.0% year-over-year from $821000.0 in Q4 2024, and up 191.2% quarter-over-quarter from -$216000.0 in Q3 2025.
Ryvyl (RVYL) Research & Development (2017 - 2025) Analysis & Trends
Ryvyl (RVYL) has 9 years of Research & Development data on file, last reported at $197000.0 in Q4 2025.
- Research & Development for Q4 2025 came in at $197000.0, down 76.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $559000.0 (down 85.47% YoY), and the FY2025 annual result was $559000.0, down 85.47% from the prior year.
- Research & Development grew to $197000.0 in Q4 2025 per RVYL's latest filing, from -$216000.0 in the prior quarter.
- Over five years, Research & Development peaked at $1.9 million in Q1 2022 and troughed at -$216000.0 in Q3 2025.
- A 5-year average of $1.0 million and a median of $1.0 million in 2021 frame the typical range for Research & Development.
- The sharpest annual moves came in 2021 and 2025: Research & Development soared 327.75% in 2021, then plunged 126.5% in 2025.
- A 5-year view of Research & Development shows it stood at $1.4 million in 2021, then decreased by 28.5% to $976000.0 in 2022, then jumped by 35.55% to $1.3 million in 2023, then sank by 37.94% to $821000.0 in 2024, then slumped by 76.0% to $197000.0 in 2025.
- Business Quant data shows RVYL's Research & Development at $197000.0 in Q4 2025, -$216000.0 in Q3 2025, and $129000.0 in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 245.77 Bn | 227.80 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 173.38 Bn | 170.83 Bn | - | -37.02 Mn |
| 3 | Salesforce | 149.14 Bn | 137.30 Bn | 8.56 Bn | 1.63 Bn |
| 4 | Uber Technologies | 141.25 Bn | 140.21 Bn | 11.88 Bn | 951.00 Mn |
| 5 | Shopify | 141.09 Bn | 135.35 Bn | 1.55 Bn | 437.00 Mn |
| 6 | ServiceNow | 109.96 Bn | 104.78 Bn | 2.83 Bn | 823.00 Mn |
| 7 | Cadence Design Systems | 104.55 Bn | 103.15 Bn | 1.26 Bn | 508.44 Mn |
| 8 | Adobe | 95.76 Bn | 88.87 Bn | 5.73 Bn | 1.11 Bn |
| 9 | Automatic Data Processing | 93.36 Bn | 90.13 Bn | 2.87 Bn | 253.90 Mn |
| 10 | Ryvyl | - | - | 1.33 Mn | 197,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 197,000.00 |
| Sep 30, 2025 | -216,000.00 |
| Jun 30, 2025 | 129,000.00 |
| Mar 31, 2025 | 449,000.00 |
| Dec 31, 2024 | 821,000.00 |
| Sep 30, 2024 | 815,000.00 |
| Jun 30, 2024 | 819,000.00 |
| Mar 31, 2024 | 1.39 Mn |
| Dec 31, 2023 | 1.32 Mn |
| Sep 30, 2023 | 1.32 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Mar 31, 2023 | 1.94 Mn |
| Dec 31, 2022 | 976,000.00 |
| Sep 30, 2022 | 1.44 Mn |
| Jun 30, 2022 | 1.92 Mn |
| Mar 31, 2022 | 1.94 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Sep 30, 2021 | 1.04 Mn |
| Jun 30, 2021 | 808,210.00 |
| Mar 31, 2021 | 653,381.00 |