Sound (SOGP) Research & Development (2018 - 2025)
Sound's (SOGP) quarterly Research & Development came in at -$17.0 million in 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.
Analysis
Sound (SOGP) Research & Development (2018 - 2025) Analysis & Trends
Sound (SOGP) has reported Research & Development for 8 consecutive years, with -$17.0 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Research & Development fell 11.16% year-over-year to -$17.0 million in Q4 2025; TTM through Dec 2025 was -$65.2 million, a 11.31% decrease from a year earlier, with the FY2025 full-year figure at -$34.4 million, down 7.75% from the prior year.
- Research & Development was -$17.0 million for Q4 2025 at Sound, down 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.
- Across the five-year window, Research & Development plunged 132.27% in 2023 and advanced 28.72% in 2024, its largest moves.
- Over 5 years, Research & Development stood at -$11.5 million in 2021, then grew by 19.98% to -$9.2 million in 2022, then plunged by 132.27% to -$21.4 million in 2023, then grew by 28.72% to -$15.3 million in 2024, then retreated by 11.16% to -$17.0 million in 2025.
- The last three Research & Development figures came in at -$17.0 million (Q4 2025), -$15.3 million (Q4 2024), and -$21.4 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 21.66 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 231.28 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -148.13 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 451.01 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 158.25 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 542.09 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 10.38 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -53.02 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 20.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |