Galaxy Gaming R&D Spending Growth & History (GLXZ)
Galaxy Gaming's r&d spending was $931,307 for fiscal 2025.
View full Galaxy Gaming company overviewGalaxy Gaming annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $931,307 | −$125,876 | −11.91% |
| 2024 | 2024-12-31 | $1.1M | $233,994 | +28.43% |
| 2023 | 2023-12-31 | $823,189 | $238,676 | +40.83% |
| 2022 | 2022-12-31 | $584,513 | $64,064 | +12.31% |
| 2021 | 2021-12-31 | $520,449 | $32,770 | +6.72% |
| 2020 | 2020-12-31 | $487,679 | −$333,448 | −40.61% |
| 2019 | 2019-12-31 | $821,127 | −$105,347 | −11.37% |
| 2018 | 2018-12-31 | $926,474 | $437,645 | +89.53% |
| 2017 | 2017-12-31 | $488,829 | $135,013 | +38.16% |
| 2016 | 2016-12-31 | $353,816 | −$101,124 | −22.23% |
| 2015 | 2015-12-31 | $454,940 | −$17,627 | −3.73% |
| 2014 | 2014-12-31 | $472,567 | $5,661 | +1.21% |
| 2013 | 2013-12-31 | $466,906 | $134,370 | +40.41% |
| 2012 | 2012-12-31 | $332,536 | $46,394 | +16.21% |
| 2011 | 2011-12-31 | $286,142 | $832 | +0.29% |
| 2010 | 2010-12-31 | $285,310 | — | — |
Galaxy Gaming quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $128,553 | −$114,609 | −47.13% |
| Q1 2026 | 2026-03-31 | $152,058 | −$210,718 | −58.08% |
| Q4 2025 | 2025-12-31 | $94,824 | −$179,501 | −65.43% |
| Q3 2025 | 2025-09-30 | $230,545 | −$30,948 | −11.84% |
| Q2 2025 | 2025-06-30 | $243,162 | −$26,317 | −9.77% |
| Q1 2025 | 2025-03-31 | $362,776 | $110,890 | +44.02% |
| Q4 2024 | 2024-12-31 | $274,325 | $83,966 | +44.11% |
| Q3 2024 | 2024-09-30 | $261,493 | $35,088 | +15.50% |
| Q2 2024 | 2024-06-30 | $269,479 | $69,814 | +34.97% |
| Q1 2024 | 2024-03-31 | $251,886 | $45,126 | +21.83% |
| Q4 2023 | 2023-12-31 | $190,359 | $84,712 | +80.18% |
| Q3 2023 | 2023-09-30 | $226,405 | $98,631 | +77.19% |
| Q2 2023 | 2023-06-30 | $199,665 | $47,643 | +31.34% |
| Q1 2023 | 2023-03-31 | $206,760 | $7,690 | +3.86% |
| Q4 2022 | 2022-12-31 | $105,647 | −$9,474 | −8.23% |
| Q3 2022 | 2022-09-30 | $127,774 | −$28,994 | −18.49% |
| Q2 2022 | 2022-06-30 | $152,022 | $22,163 | +17.07% |
| Q1 2022 | 2022-03-31 | $199,070 | $80,369 | +67.71% |
| Q4 2021 | 2021-12-31 | $115,121 | $18,775 | +19.49% |
| Q3 2021 | 2021-09-30 | $156,768 | $59,687 | +61.48% |
| Q2 2021 | 2021-06-30 | $129,859 | −$8,740 | −6.31% |
| Q1 2021 | 2021-03-31 | $118,701 | −$36,952 | −23.74% |
| Q4 2020 | 2020-12-31 | $96,346 | −$39,089 | −28.86% |
| Q3 2020 | 2020-09-30 | $97,081 | −$111,172 | −53.38% |
| Q2 2020 | 2020-06-30 | $138,599 | −$39,660 | −22.25% |
| Q1 2020 | 2020-03-31 | $155,653 | −$143,527 | −47.97% |
| Q4 2019 | 2019-12-31 | $135,435 | $25,618 | +23.33% |
| Q3 2019 | 2019-09-30 | $208,253 | −$165,203 | −44.24% |
| Q2 2019 | 2019-06-30 | $178,259 | −$71,540 | −28.64% |
| Q1 2019 | 2019-03-31 | $299,180 | $105,778 | +54.69% |
| Q4 2018 | 2018-12-31 | $109,817 | $24,606 | +28.88% |
| Q3 2018 | 2018-09-30 | $373,456 | $234,271 | +168.32% |
| Q2 2018 | 2018-06-30 | $249,799 | $123,413 | +97.65% |
| Q1 2018 | 2018-03-31 | $193,402 | $55,355 | +40.10% |
| Q4 2017 | 2017-12-31 | $85,211 | $2,129 | +2.56% |
| Q3 2017 | 2017-09-30 | $139,185 | $49,672 | +55.49% |
| Q2 2017 | 2017-06-30 | $126,386 | $24,507 | +24.06% |
| Q1 2017 | 2017-03-31 | $138,047 | $58,705 | +73.99% |
| Q4 2016 | 2016-12-31 | $83,082 | −$608 | −0.73% |
| Q3 2016 | 2016-09-30 | $89,513 | −$12,309 | −12.09% |
| Q2 2016 | 2016-06-30 | $101,879 | −$14,562 | −12.51% |
| Q1 2016 | 2016-03-31 | $79,342 | −$73,645 | −48.14% |
| Q4 2015 | 2015-12-31 | $83,690 | −$51,190 | −37.95% |
| Q3 2015 | 2015-09-30 | $101,822 | −$24,478 | −19.38% |
| Q2 2015 | 2015-06-30 | $116,441 | $18,390 | +18.76% |
| Q1 2015 | 2015-03-31 | $152,987 | $39,651 | +34.99% |
| Q4 2014 | 2014-12-31 | $134,880 | $15,202 | +12.70% |
| Q3 2014 | 2014-09-30 | $126,300 | $18,352 | +17.00% |
| Q2 2014 | 2014-06-30 | $98,051 | −$40,784 | −29.38% |
| Q1 2014 | 2014-03-31 | $113,336 | $12,891 | +12.83% |
| Q4 2013 | 2013-12-31 | $119,678 | $20,016 | +20.08% |
| Q3 2013 | 2013-09-30 | $107,948 | $23,749 | +28.21% |
| Q2 2013 | 2013-06-30 | $138,835 | $51,365 | +58.72% |
| Q1 2013 | 2013-03-31 | $100,445 | $39,240 | +64.11% |
| Q4 2012 | 2012-12-31 | $99,662 | $37,839 | +61.21% |
| Q3 2012 | 2012-09-30 | $84,199 | $1,623 | +1.97% |
| Q2 2012 | 2012-06-30 | $87,470 | $10,242 | +13.26% |
| Q1 2012 | 2012-03-31 | $61,205 | −$3,310 | −5.13% |
| Q4 2011 | 2011-12-31 | $61,823 | — | — |
| Q3 2011 | 2011-09-30 | $82,576 | $11,952 | +16.92% |
| Q2 2011 | 2011-06-30 | $77,228 | $10,355 | +15.48% |
| Q1 2011 | 2011-03-31 | $64,515 | — | — |
| Q3 2010 | 2010-09-30 | $70,624 | — | — |
| Q2 2010 | 2010-06-30 | $66,873 | — | — |
Galaxy Gaming r&d spending trends
Over the last five fiscal years, Galaxy Gaming's r&d spending increased from $487,679 to $931,307, a change of $443,628. The latest reported quarter, Q2 2026, shows $128,553.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Galaxy Gaming source filings ↗