XMax (XMAX) Research & Development (2023 - 2025)
XMax (XMAX) reported Research & Development of -$1182.0 for Q4 2025, down 104.56% on a YoY basis from $25932.0 in Q4 2024, and down 534.56% quarter-over-quarter from $272.0 in Q3 2025.
XMax (XMAX) Research & Development (2023 - 2025) Analysis & Trends
XMax has reported Research & Development for 3 years, with the latest figure at -$1182.0 in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 104.56% year-over-year to -$1182.0; the trailing twelve-month figure through Mar 2026 stood at -$390.0 (down 100.03% YoY), and the FY2024 full-year result was $2.0 million, down 35.93% from the prior year.
- Research & Development for Q4 2025 stood at -$1182.0, down from $272.0 in the prior quarter.
- The five-year high for Research & Development was $3.1 million in Q4 2023, with the low at -$1182.0 in Q4 2025.
- Historically, Research & Development has averaged $465089.7 across 3 years, with a median of $520.0 in 2025.
- The largest YoY upside for Research & Development was 636523.73% in 2024 against a maximum downside of 105.17% in 2024.
- XMax's Research & Development stood at $3.1 million in 2023, then tumbled by 99.17% to $25932.0 in 2024, then slumped by 104.56% to -$1182.0 in 2025.
- The last three Research & Development figures came in at -$1182.0 (Q4 2025), $272.0 (Q3 2025), and $520.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.19 Bn | 18.19 Bn | 694.97 Mn | 98.88 Mn |
| 2 | Somnigroup International | 14.95 Bn | 14.85 Bn | 776.90 Mn | - |
| 3 | Mohawk Industries | 6.57 Bn | 5.70 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 5.19 Bn | 5.03 Bn | 157.19 Mn | - |
| 5 | Whirlpool | 2.47 Bn | 1.83 Bn | 415.00 Mn | - |
| 6 | Hni | 2.38 Bn | 2.30 Bn | 499.90 Mn | - |
| 7 | Interface | 1.82 Bn | 1.76 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.54 Bn | 1.24 Bn | 233.51 Mn | - |
| 9 | Leggett & Platt | 1.46 Bn | 949.86 Mn | 170.70 Mn | - |
| 10 | XMax | 371.64 Mn | 361.73 Mn | 882,469.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1,182.00 |
| Sep 30, 2025 | 272.00 |
| Jun 30, 2025 | 520.00 |
| Mar 31, 2025 | 390.00 |
| Dec 31, 2024 | 25,932.00 |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | -518.00 |
| Mar 31, 2024 | 751,216.00 |
| Dec 31, 2023 | 3.11 Mn |
| Jun 30, 2023 | 10,026.00 |
| Mar 31, 2023 | 118.00 |