SWK Holdings (SWKHL) Research & Development (2020 - 2025)
SWK Holdings' Research & Development was $1,000 in Q4 2025, down 99.8% from $568,000 a year earlier and down 99.3% from the prior quarter.
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Analysis
SWK Holdings (SWKHL) Research & Development (2020 - 2025) Analysis & Trends
For FY2025, Research & Development at SWK Holdings came in at $1.55 million, down 29.6% from FY2024.
- Research & Development has now declined for four consecutive years, with a five-year compound annual growth rate of -18.3% (FY2020 to FY2025).
- In earlier years, Research & Development was $2.2 million in FY2024 (-35.9%), $3.44 million in FY2023 (-50.6%), $6.95 million in FY2022 (-5.4%) and $7.35 million in FY2021 (+72.1%).
- The Q4 2025 figure marks the lowest quarterly Research & Development in data going back to Q1 2020.
- Compared with a year earlier, Research & Development was higher in two of the last eight quarters, with an average decline of 26.1%.
- The best year-over-year quarter for Research & Development over five years was Q3 2021 (growth of 110.4%); the worst was Q4 2025 (a decline of 99.8%).
- Per Business Quant data, SWKHL's Research & Development in the three quarters before Q4 2025 was $147,000 (Q3 2025), $645,000 (Q2 2025) and $758,000 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 97.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | SWK Holdings | 302.88 Mn | 212.10 Mn | - | 1,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1,000.00 |
| Sep 30, 2025 | 147,000.00 |
| Jun 30, 2025 | 645,000.00 |
| Mar 31, 2025 | 758,000.00 |
| Dec 31, 2024 | 568,000.00 |
| Sep 30, 2024 | 585,000.00 |
| Jun 30, 2024 | 520,000.00 |
| Mar 31, 2024 | 530,000.00 |
| Dec 31, 2023 | 602,000.00 |
| Sep 30, 2023 | 606,000.00 |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 719,000.00 |
| Dec 31, 2022 | 1.78 Mn |
| Sep 30, 2022 | 1.79 Mn |
| Jun 30, 2022 | 1.48 Mn |
| Mar 31, 2022 | 1.90 Mn |
| Dec 31, 2021 | 1.77 Mn |
| Sep 30, 2021 | 2.49 Mn |
| Jun 30, 2021 | 1.54 Mn |
| Mar 31, 2021 | 1.55 Mn |
API Access
SWK Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SWKHL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SWKHL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SWKHL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();