Trutankless (TKLS) Research & Development (2011 - 2026)
Trutankless' Research & Development was $73,213 in Q2 2026, compared with $789.00 a year earlier and up 45.4% from the prior quarter.
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Analysis
Trutankless (TKLS) Research & Development (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trutankless' Research & Development was $226,346 through Jun 30, 2026, up 205.7% year-over-year; for FY2025, it was $163,541, down 62.2% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $432,847 in FY2024 (unchanged), $432,631 in FY2023 (+69.6%), $255,088 in FY2022 (+20.9%) and $211,025 in FY2021 (+12.5%).
- Quarterly Research & Development has moved between -$122,834 (Q4 2024) and $241,931 (Q2 2024) over five years.
- Compared with a year earlier, Research & Development was higher in 1 of the last five quarters, with an average decline of 44.5%.
- The best year-over-year quarter for Research & Development over five years was Q2 2024 (growth of 486.8%); the worst was Q2 2025 (a decline of 99.7%).
- Per Business Quant data, TKLS's Research & Development in the three quarters before Q2 2026 was $50,352 (Q1 2026), $28,783 (Q4 2025) and $73,998 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.77 Bn | 96.49 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 89.79 Bn | 87.52 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 49.37 Bn | 44.62 Bn | 844.23 Mn | - |
| 4 | Carrier Global | 46.49 Bn | 40.80 Bn | 1.94 Bn | 148.00 Mn |
| 5 | Otis Worldwide | 27.54 Bn | 23.96 Bn | 1.14 Bn | 39.00 Mn |
| 6 | James Hardie Industries | 15.37 Bn | 14.44 Bn | 548.70 Mn | 15.40 Mn |
| 7 | Masco | 14.88 Bn | 12.74 Bn | 868.00 Mn | - |
| 8 | Carlisle Companies | 13.65 Bn | 9.99 Bn | 568.40 Mn | 11.40 Mn |
| 9 | Allegion | 13.45 Bn | 12.16 Bn | 517.50 Mn | - |
| 10 | Trutankless | 8.81 Mn | 8.73 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 |
API Access
Trutankless 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=TKLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TKLS", "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=TKLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();