TNL Mediagene (TNMG) Research & Development (2022 - 2025)
TNL Mediagene's (TNMG) quarterly Research & Development came in at -$3.1 million in Q4 2025, down 2.35% year-over-year from -$3.2 million in Q4 2024, and down 2.35% quarter-over-quarter from -$3.1 million in Q4 2024.
Analysis
TNL Mediagene (TNMG) Research & Development (2022 - 2025) Analysis & Trends
TNL Mediagene (TNMG) has reported Research & Development for 4 consecutive years, with -$3.1 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Research & Development fell 2.35% year-over-year to -$3.1 million in Q4 2025; TTM through Dec 2025 was -$12.0 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$3.1 million, down 2.35% from the prior year.
- Research & Development was -$3.1 million for Q4 2025 at TNL Mediagene, down from -$3.1 million in the prior quarter.
- Over five years, Research & Development peaked at -$2.5 million in Q4 2022 and troughed at -$3.3 million in Q4 2023.
- A 4-year average of -$3.0 million and a median of -$3.1 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 32.61% in 2023 and grew 8.26% in 2024, its largest moves.
- Over 4 years, Research & Development stood at -$2.5 million in 2022, then plunged by 32.61% to -$3.3 million in 2023, then increased by 8.26% to -$3.1 million in 2024, then retreated by 2.35% to -$3.1 million in 2025.
- The last three Research & Development figures came in at -$3.1 million (Q4 2025), -$3.1 million (Q4 2024), and -$3.3 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | News | 18.43 Bn | 16.33 Bn | - | - |
| 2 | New York Times | 10.84 Bn | 10.17 Bn | 394.61 Mn | 85.51 Mn |
| 3 | 36Kr Holdings | 6.01 Bn | 5.99 Bn | - | - |
| 4 | John Wiley & Sons | 2.46 Bn | 2.35 Bn | 285.49 Mn | - |
| 5 | McGraw Hill | 2.34 Bn | 2.15 Bn | 439.20 Mn | - |
| 6 | Ziff Davis | 2.01 Bn | 405.04 Mn | 241.03 Mn | 122.17 Mn |
| 7 | Usa Today | 922.25 Mn | 835.59 Mn | 208.25 Mn | - |
| 8 | Daily Journal | 875.63 Mn | 438.54 Mn | 26.82 Mn | - |
| 9 | Scholastic | 841.11 Mn | 706.21 Mn | 285.70 Mn | - |
| 10 | TNL Mediagene | 717,902.92 | -2.20 Mn | - | -3.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -3.12 Mn |
| Dec 31, 2024 | -3.05 Mn |
| Dec 31, 2023 | -3.33 Mn |
| Dec 31, 2022 | -2.51 Mn |