Sound (SOGP) Research & Development (2018 - 2025)
Sound (SOGP) posted quarterly 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 reported Research & Development for 8 consecutive years, with -$17.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Research & Development fell 11.16% year-over-year to -$17.0 million; the TTM figure through Dec 2025 stood at -$65.2 million (down 11.31% YoY), while the FY2025 annual figure was $49.7 million, up 55.96% from the prior year.
- Research & Development declined to -$17.0 million in Q4 2025 per SOGP's latest filing, from -$15.3 million in the prior quarter.
- Across five years, Research & Development topped out at -$8.7 million in Q1 2021 and bottomed at -$21.4 million in Q4 2023.
- Historically, Research & Development has averaged -$12.1 million across 5 years, with a median of -$11.1 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 132.27% — and 2024, when it climbed 28.72%.
- Sound's Research & Development stood at -$11.5 million in 2021, then rose by 19.98% to -$9.2 million in 2022, then plunged by 132.27% to -$21.4 million in 2023, then rose by 28.72% to -$15.3 million in 2024, then slipped 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 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Sound | 11.22 Bn | 11.13 Bn | 73.37 Mn | -16.99 Mn |
Historic Data
Download 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 |