Trutankless (TKLS) Research & Development (2011 - 2026)
Trutankless (TKLS) posted Research & Development of $73213.0 for Q2 2026, up 45.4% on a QoQ basis from $50352.0 in Q1 2026, and up 9179.21% year-over-year from $789.0 in Q2 2025.
Analysis
Trutankless (TKLS) Research & Development (2011 - 2026) Analysis & Trends
Trutankless has reported Research & Development for 16 years, with the latest figure at $73213.0 in Q2 2026.
- On a quarterly basis, Research & Development rose 9179.21% year-over-year to $73213.0 in Q2 2026; TTM through Jun 2026 was $226346.0, a 205.67% increase from a year earlier, with the FY2025 full-year figure at $163541.0, down 62.22% from the prior year.
- Research & Development was $73213.0 for Q2 2026 at Trutankless, up from $50352.0 in the prior quarter.
- The five-year high for Research & Development was $241931.0 in Q2 2024, with the low at -$122834.0 in Q4 2024.
- Average Research & Development over 5 years is $78204.0, with a median of $66592.0 recorded in 2025.
- The sharpest annual moves came in 2024 and 2026: Research & Development sank 159.9% in 2024, then jumped 9179.21% in 2026.
- Over 5 years, Research & Development stood at $79017.0 in 2022, then soared by 159.54% to $205078.0 in 2023, then slumped by 159.9% to -$122834.0 in 2024, then jumped by 123.43% to $28783.0 in 2025, then jumped by 154.36% to $73213.0 in 2026.
- The last three Research & Development figures came in at $73213.0 (Q2 2026), $50352.0 (Q1 2026), and $28783.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | - |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 148.00 Mn |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | - |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | - |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | - |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | - |
| 10 | Trutankless | 70.52 Mn | 70.37 Mn | 300,215.00 | 73,213.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73,213.00 |
| Mar 31, 2026 | 50,352.00 |
| Dec 31, 2025 | 28,783.00 |
| Sep 30, 2025 | 73,998.00 |
| Jun 30, 2025 | 789.00 |
| Mar 31, 2025 | 59,971.00 |
| Dec 31, 2024 | -122,834.00 |
| Sep 30, 2024 | 136,124.00 |
| Jun 30, 2024 | 241,931.00 |
| Mar 31, 2024 | 177,626.00 |
| Dec 31, 2023 | 205,078.00 |
| Sep 30, 2023 | 129,374.00 |
| Jun 30, 2023 | 41,228.00 |
| Mar 31, 2023 | 56,951.00 |
| Dec 31, 2022 | 79,017.00 |
| Sep 30, 2022 | 57,041.00 |
| Jun 30, 2022 | 73,872.00 |
| Mar 31, 2022 | 45,158.00 |
| Dec 31, 2021 | -3,012.00 |
| Sep 30, 2021 | 37,273.00 |