XMax (XMAX) Research & Development (2023 - 2025)
XMax's (XMAX) quarterly Research & Development came in at -$1182.0 in Q4 2025, down 104.56% YoY from $25932.0 in Q4 2024, and down 534.56% on a QoQ basis from $272.0 in Q3 2025.
XMax (XMAX) Research & Development (2023 - 2025) Analysis & Trends
XMax (XMAX) has 3 years of Research & Development data on file, last reported at -$1182.0 in Q4 2025.
- Quarterly Research & Development fell 104.56% year-over-year to -$1182.0 in Q4 2025, while the trailing twelve-month figure through Mar 2026 was -$390.0 (down 100.03% YoY) and the FY2024 annual result came in at $2.0 million, down 35.93% from the prior year.
- Research & Development declined to -$1182.0 in Q4 2025, from $272.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.1 million in Q4 2023 to a low of -$1182.0 in Q4 2025.
- A 3-year average of $465089.7 and a median of $520.0 in 2025 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 636523.73% in 2024, down 105.17% in 2024.
- Tracing XMAX's Research & Development over 3 years: 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 | 25.64 Bn | 24.86 Bn | 860.34 Mn | 441.51 Mn |
| 2 | Somnigroup International | 13.60 Bn | 13.49 Bn | 817.20 Mn | 453.50 Mn |
| 3 | Mohawk Industries | 8.25 Bn | 7.40 Bn | 795.10 Mn | - |
| 4 | Alliance Laundry Holdings | 4.68 Bn | 4.50 Bn | 189.90 Mn | - |
| 5 | Hni | 3.48 Bn | 3.37 Bn | 647.20 Mn | - |
| 6 | Whirlpool | 2.67 Bn | 1.43 Bn | 442.00 Mn | - |
| 7 | Interface | 2.25 Bn | 2.17 Bn | 178.08 Mn | - |
| 8 | Millerknoll | 1.58 Bn | 1.41 Bn | 395.60 Mn | 35.40 Mn |
| 9 | MasterBrand | 1.40 Bn | 1.16 Bn | 205.50 Mn | - |
| 10 | XMax | 528.27 Mn | 492.55 Mn | 1.09 Mn | - |
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 |