VIP Play (VIPZ) Research & Development (2022 - 2026)

VIP Play (VIPZ) posted Research & Development of $124000.0 for Q1 2026, down 21.52% on a QoQ basis from $158000.0 in Q4 2025, and down 69.9% year-over-year from $412000.0 in Q1 2025.

VIP Play (VIPZ) Research & Development (2022 - 2026) Analysis & Trends

VIP Play's Research & Development history runs 5 years deep, the most recent figure standing at $124000.0 for Q1 2026.

  • Quarterly Research & Development fell 69.9% year-over-year to $124000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $779891.0 (down 24.62% YoY) and the FY2025 annual result came in at $1.1 million, down 49.34% from the prior year.
  • Research & Development was $124000.0 for Q1 2026 at VIP Play, down from $158000.0 in the prior quarter.
  • Across five years, Research & Development topped out at $1.9 million in Q4 2023 and bottomed at $35252.0 in Q1 2023.
  • A 5-year average of $362497.5 and a median of $158000.0 in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development surged 3535.77% — and 2024, when it slumped 90.46%.
  • VIP Play's Research & Development stood at $52566.0 in 2022, then jumped by 3535.77% to $1.9 million in 2023, then plunged by 79.38% to $394000.0 in 2024, then slumped by 59.9% to $158000.0 in 2025, then declined by 21.52% to $124000.0 in 2026.
  • Business Quant data shows VIPZ's Research & Development at $124000.0 in Q1 2026, $158000.0 in Q4 2025, and $279000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 966.00 Mn
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 123.18 Mn
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -422.00 Mn
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn -
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn -
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 14.00 Mn
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn -
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn -
10 VIP Play 25.71 Mn 25.63 Mn -313,000.00 124,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 124,000.00
Dec 31, 2025 158,000.00
Sep 30, 2025 279,000.00
Jun 30, 2025 218,891.00
Mar 31, 2025 412,000.00
Dec 31, 2024 394,000.00
Sep 30, 2024 116,000.00
Jun 30, 2024 112,571.00
Mar 31, 2024 218,969.00
Dec 31, 2023 1.91 Mn
Sep 30, 2023 1.22 Mn
Jun 30, 2023 111,256.00
Mar 31, 2023 35,252.00
Dec 31, 2022 52,566.00
Sep 30, 2022 77,711.00