Sound (SOGP) Research & Development (2018 - 2025)

Sound (SOGP) reported Research & Development of -$17.0 million for Q4 2025, down 11.16% year-over-year from -$19.1 million in Q4 2024, and down 11.16% quarter-over-quarter from -$15.3 million in Q4 2024.

Sound (SOGP) Research & Development (2018 - 2025) Analysis & Trends

Sound (SOGP) has 8 years of Research & Development data on file, last reported at -$17.0 million in Q4 2025.

  • Research & Development for Q4 2025 came in at -$17.0 million, down 11.16% year-over-year; the trailing twelve-month figure through Dec 2025 was -$65.2 million (down 11.31% YoY), and the FY2025 annual result was $34.4 million, up 7.75% from the prior year.
  • Research & Development retreated to -$17.0 million in Q4 2025 per SOGP's latest filing, from -$15.3 million in the prior quarter.
  • Over five years, Research & Development peaked at -$8.7 million in Q1 2021 and troughed at -$21.4 million in Q4 2023.
  • A 5-year average of -$12.1 million and a median of -$11.1 million in 2022 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2024: Research & Development tumbled 132.27% in 2023, then climbed 28.72% in 2024.
  • A 5-year view of Research & Development shows it stood at -$11.5 million in 2021, then increased by 19.98% to -$9.2 million in 2022, then tumbled by 132.27% to -$21.4 million in 2023, then increased by 28.72% to -$15.3 million in 2024, then decreased by 11.16% to -$17.0 million in 2025.
  • Business Quant data shows SOGP's Research & Development at -$17.0 million in Q4 2025, -$15.3 million in Q4 2024, and -$21.4 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 387.52 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 207.25 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -61.44 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 478.30 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 150.00 Mn
10 Sound 1.65 Bn 1.55 Bn 73.37 Mn -16.99 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -16.99 Mn
Dec 31, 2024 -15.28 Mn
Dec 31, 2023 -21.44 Mn
Sep 30, 2023 -11.48 Mn
Jun 30, 2023 -10.37 Mn
Mar 31, 2023 -10.47 Mn
Dec 31, 2022 -9.23 Mn
Sep 30, 2022 -11.01 Mn
Jun 30, 2022 -10.49 Mn
Mar 31, 2022 -11.22 Mn
Dec 31, 2021 -11.54 Mn
Sep 30, 2021 -11.39 Mn
Jun 30, 2021 -9.44 Mn
Mar 31, 2021 -8.68 Mn
Dec 31, 2020 -8.65 Mn
Sep 30, 2020 -8.19 Mn
Jun 30, 2020 -7.76 Mn
Mar 31, 2020 -8.25 Mn
Dec 31, 2019 -7.51 Mn
Sep 30, 2019 -6.22 Mn