Treasure Global (TGL) Research & Development (2021 - 2026)
Treasure Global's Research & Development was $78,892 in fiscal Q3 2026 (quarter ended Mar 31, 2026), compared with $5,343 a year earlier and up 219.8% from the prior quarter.
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Analysis
Treasure Global (TGL) Research & Development (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Treasure Global's Research & Development was $1.01 million through Mar 31, 2026; for FY2025 (ended Jun 30, 2025), it was $215,900, up 357.3% from FY2024.
- Research & Development shows a four-year compound annual growth rate of -16.1% (FY2021 to FY2025).
- In earlier fiscal years, Research & Development was $47,209 in FY2024 (-91.4%), $549,065 in FY2023 (+105.9%), $266,716 in FY2022 (-38.8%) and $435,471 in FY2021.
- Quarterly Research & Development has moved between -$354,921 (fiscal Q4 2024) and $777,973 (fiscal Q1 2026) over five years.
- The best year-over-year quarter for Research & Development over five years was fiscal Q1 2023 (growth of 89.1%); the worst was fiscal Q3 2025 (a decline of 97.1%).
- Per Business Quant data, TGL's Research & Development in the three fiscal quarters before Q3 2026 was $24,671 (Q2 2026), $777,973 (Q1 2026) and $130,212 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -673.00 Mn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 99.90 Mn |
| 10 | Treasure Global | 2.50 Mn | -7.36 Mn | 6,415.00 | 78,892.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 78,892.00 |
| Dec 31, 2025 | 24,671.00 |
| Sep 30, 2025 | 777,973.00 |
| Jun 30, 2025 | 130,212.00 |
| Mar 31, 2025 | 5,343.00 |
| Dec 31, 2024 | 33,136.00 |
| Sep 30, 2024 | 47,209.00 |
| Jun 30, 2024 | -354,921.00 |
| Mar 31, 2024 | 181,502.00 |
| Dec 31, 2023 | 138,236.00 |
| Sep 30, 2023 | 82,392.00 |
| Jun 30, 2023 | 145,874.00 |
| Mar 31, 2023 | 105,961.00 |
| Dec 31, 2022 | 167,933.00 |
| Sep 30, 2022 | 129,297.00 |
| Jun 30, 2022 | 5,149.00 |
| Mar 31, 2022 | 68,345.00 |
| Dec 31, 2021 | 124,849.00 |
| Sep 30, 2021 | 68,373.00 |
API Access
Treasure Global 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=TGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TGL", "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=TGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();