XMax (XMAX) Research & Development (2023 - 2025)
XMax (XMAX) posted Research & Development of -$1182.0 for Q4 2025, down 534.56% on a QoQ basis from $272.0 in Q3 2025, and down 104.56% year-over-year from $25932.0 in Q4 2024.
XMax (XMAX) Research & Development (2023 - 2025) Analysis & Trends
XMax's Research & Development history runs 3 years deep, the most recent figure standing at -$1182.0 for 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 was -$1182.0 for Q4 2025 at XMax, down from $272.0 in the prior quarter.
- Across five years, Research & Development topped out at $3.1 million in Q4 2023 and bottomed at -$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.
- Peak annual rise in Research & Development reached 636523.73% in 2024, while the deepest fall reached 105.17% in 2024.
- XMax's Research & Development stood at $3.1 million in 2023, then sank by 99.17% to $25932.0 in 2024, then plunged by 104.56% to -$1182.0 in 2025.
- Business Quant data shows XMAX's Research & Development at -$1182.0 in Q4 2025, $272.0 in Q3 2025, and $520.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 98.88 Mn |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 428.50 Mn |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | - |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | - |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | - |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | - |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | - |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | - |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 35.40 Mn |
| 10 | XMax | 381.50 Mn | 354.55 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 |