Sndl (SNDL) Research & Development (2018 - 2026)
Sndl's (SNDL) quarterly Research & Development came in at $5783.4 in Q2 2026, down 91.82% YoY from $70727.8 in Q2 2025, and up 98.28% on a QoQ basis from $2916.8 in Q1 2026.
Sndl (SNDL) Research & Development (2018 - 2026) Analysis & Trends
Sndl (SNDL) has 9 years of Research & Development data on file, last reported at $5783.4 in Q2 2026.
- Quarterly Research & Development fell 91.82% year-over-year to $5783.4 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $218861.9 (down 23.18% YoY) and the FY2025 annual result came in at $349987.8, up 38.49% from the prior year.
- Research & Development improved to $5783.4 in Q2 2026, from $2916.8 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.2 billion in Q3 2022 to a low of $2916.8 in Q1 2026.
- A 5-year average of $77.3 million and a median of $77347.2 in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 203073.99% — and 2023, when it slumped 100.0%.
- Tracing SNDL's Research & Development over 5 years: stood at $338883.4 in 2022, then soared by 70080.53% to $237.8 million in 2023, then sank by 99.96% to $88765.3 in 2024, then grew by 9.06% to $96806.6 in 2025, then sank by 94.03% to $5783.4 in 2026.
- The last three Research & Development figures came in at $5783.4 (Q2 2026), $2916.8 (Q1 2026), and $96806.6 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 209.00 Bn | 202.19 Bn | - | - |
| 2 | Brown Forman | 13.48 Bn | 13.18 Bn | 571.00 Mn | - |
| 3 | Mgp Ingredients | 381.72 Mn | 363.93 Mn | 46.47 Mn | - |
| 4 | Agencia Comercial Spirits | 231.21 Mn | 215.39 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 4.41 Mn |
| 6 | Epsium Enterprise | 12.99 Mn | 7.20 Mn | - | - |
| 7 | Willamette Valley Vineyards | 11.05 Mn | 11.05 Mn | - | - |
| 8 | Splash Beverage | 498,408.51 | 117,213.51 | 1,848.00 | 17,273.00 |
| 9 | LQR House | 395,274.71 | -4.07 Mn | -22,236.00 | 105,000.00 |
| 10 | Sndl | 347,031.42 | -146.62 Mn | 40.74 Mn | 5,783.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5,783.40 |
| Mar 31, 2026 | 2,916.82 |
| Dec 31, 2025 | 96,806.65 |
| Sep 30, 2025 | 113,355.06 |
| Jun 30, 2025 | 70,727.82 |
| Mar 31, 2025 | 69,691.65 |
| Dec 31, 2024 | 88,765.29 |
| Sep 30, 2024 | 55,712.06 |
| Jun 30, 2024 | 79,694.32 |
| Mar 31, 2024 | 27,458.19 |
| Dec 31, 2023 | 237.83 Mn |
| Sep 30, 2023 | 42,518.04 |
| Jun 30, 2023 | 14,889.05 |
| Mar 31, 2023 | 103,557.49 |
| Dec 31, 2022 | 338,883.35 |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 305,892.85 |
| Mar 31, 2022 | 75,000.16 |
| Dec 31, 2021 | 586,275.36 |
| Sep 30, 2021 | 567,208.25 |