Sndl (SNDL) Research & Development (2018 - 2026)
Sndl (SNDL) reported Research & Development of $2916.8 for Q1 2026, down 95.81% on a YoY basis from $69691.6 in Q1 2025, and down 96.99% quarter-over-quarter from $96806.6 in Q4 2025.
Sndl (SNDL) Research & Development (2018 - 2026) Analysis & Trends
Sndl has reported Research & Development for 9 years, with the latest figure at $2916.8 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 95.81% year-over-year to $2916.8; the trailing twelve-month figure through Mar 2026 stood at $283806.4 (down 3.42% YoY), and the FY2025 full-year result was $349987.8, up 38.49% from the prior year.
- Research & Development for Q1 2026 stood at $2916.8, down from $96806.6 in the prior quarter.
- The five-year high for Research & Development was $1.2 billion in Q3 2022, with the low at $2916.8 in Q1 2026.
- Historically, Research & Development has averaged $99.8 million across 5 years, with a median of $79694.3 in 2024.
- Annual changes were most pronounced in 2022 — Research & Development surged 203073.99% — and 2023, when it slumped 100.0%.
- Sndl's Research & Development 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 slumped by 96.99% to $2916.8 in 2026.
- The last three Research & Development figures came in at $2916.8 (Q1 2026), $96806.6 (Q4 2025), and $113355.1 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 179,394,718.17 Bn | 179,394,718.17 Bn | - | - |
| 2 | Sndl | 2.36 Bn | 2.20 Bn | 38.51 Mn | 2,916.82 |
| 3 | Mgp Ingredients | 351.86 Mn | 339.85 Mn | 33.58 Mn | - |
| 4 | Agencia Comercial Spirits | 246.49 Mn | 230.66 Mn | - | - |
| 5 | LQR House | 18.69 Mn | 14.23 Mn | -22,236.00 | - |
| 6 | Willamette Valley Vineyards | 13.89 Mn | 13.49 Mn | 5.03 Mn | - |
| 7 | Epsium Enterprise | 5.34 Mn | 3.32 Mn | - | - |
| 8 | Splash Beverage | 854,741.06 | 473,546.06 | 1,848.00 | - |
| 9 | Diageo | - | - | - | - |
| 10 | Splash Beverage | - | - | 1,848.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 305.89 Mn |
| Mar 31, 2022 | 75,000.16 |
| Dec 31, 2021 | 586,275.36 |
| Sep 30, 2021 | 567,208.25 |
| Jun 30, 2021 | 616,653.59 |