Snail (SNAL) Research & Development (2021 - 2026)
Snail's Research & Development was $4.01 million in Q1 2026, up 11.2% from $3.61 million a year earlier and up 1.7% from the prior quarter.
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Analysis
Snail (SNAL) Research & Development (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Snail's Research & Development was $14.99 million through Mar 31, 2026, up 11.2% year-over-year; for FY2025, it came in at $14.58 million, up 25.2% from FY2024.
- Research & Development has now increased for four consecutive years, with a four-year compound annual growth rate of 104.4% (FY2021 to FY2025).
- In earlier years, Research & Development was $11.65 million in FY2024 (+130.3%), $5.06 million in FY2023 (+71.1%), $2.96 million in FY2022 (+254.0%) and $834,818 in FY2021.
- The Q1 2026 figure marks the highest quarterly Research & Development since Q4 2024.
- Compared with a year earlier, Research & Development was higher in six of the last eight quarters, with growth averaging 85.9%.
- The best year-over-year quarter for Research & Development over five years was Q4 2022 (growth of 904.0%); the worst was Q4 2023 (a decline of 52.9%).
- Per Business Quant data, SNAL's Research & Development in the three quarters before Q1 2026 was $3.95 million (Q4 2025), $3.73 million (Q3 2025) and $3.29 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -673.00 Mn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 99.90 Mn |
| 10 | Snail | 21.40 Mn | 21.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.01 Mn |
| Dec 31, 2025 | 3.95 Mn |
| Sep 30, 2025 | 3.73 Mn |
| Jun 30, 2025 | 3.29 Mn |
| Mar 31, 2025 | 3.61 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 3.89 Mn |
| Jun 30, 2024 | 1.86 Mn |
| Mar 31, 2024 | 1.78 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 1.32 Mn |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 1.37 Mn |
| Dec 31, 2022 | 2.48 Mn |
| Sep 30, 2022 | 116,624.00 |
| Jun 30, 2022 | 179,050.00 |
| Mar 31, 2022 | 183,956.00 |
| Dec 31, 2021 | 246,611.00 |
| Sep 30, 2021 | 216,798.00 |
API Access
Snail 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=SNAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SNAL", "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=SNAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();