Flyte Aviation (VJET) Research & Development (2017 - 2026)
Flyte Aviation's Research & Development was $142,000 in Q2 2026, down 8.4% from $155,000 a year earlier and down 4.7% from the prior quarter.
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Analysis
Flyte Aviation (VJET) Research & Development (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flyte Aviation's Research & Development was $895,000 through Jun 30, 2026, up 117.2% year-over-year; for FY2025, it came in at $862,000, up 216.9% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -37.4% (FY2020 to FY2025).
- In earlier years, Research & Development was $272,000 in FY2024 (-42.7%), $475,000 in FY2023 (-92.6%), $6.39 million in FY2022 (-47.8%) and $12.25 million in FY2021 (+36.8%).
- The Q2 2026 figure marks the lowest quarterly Research & Development since Q1 2025.
- Compared with a year earlier, Research & Development was higher in five of the last seven quarters, with growth averaging 123.0%.
- The best year-over-year quarter for Research & Development over five years was Q3 2025 (growth of 338.1%); the worst was Q4 2022 (a decline of 95.9%).
- Per Business Quant data, VJET's Research & Development in the three quarters before Q2 2026 was $149,000 (Q1 2026), $328,000 (Q4 2025) and $276,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Flyte Aviation | 160,511.52 | -4.71 Mn | 98,000.00 | 142,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 142,000.00 |
| Mar 31, 2026 | 149,000.00 |
| Dec 31, 2025 | 328,000.00 |
| Sep 30, 2025 | 276,000.00 |
| Jun 30, 2025 | 155,000.00 |
| Mar 31, 2025 | 103,000.00 |
| Dec 31, 2024 | 91,000.00 |
| Sep 30, 2024 | 63,000.00 |
| Jun 30, 2024 | 81,000.00 |
| Mar 31, 2024 | 37,000.00 |
| Dec 31, 2023 | -11,000.00 |
| Sep 30, 2023 | 112,000.00 |
| Jun 30, 2023 | 134,000.00 |
| Mar 31, 2023 | 240,000.00 |
| Dec 31, 2022 | 154,000.00 |
| Sep 30, 2022 | 727,000.00 |
| Jun 30, 2022 | 2.40 Mn |
| Mar 31, 2022 | 3.12 Mn |
| Dec 31, 2021 | 3.73 Mn |
| Sep 30, 2021 | 2.94 Mn |
API Access
Flyte Aviation 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=VJET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "VJET", "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=VJET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();