Joint Stock Co Kaspi.kz annual r&d spending
2021
2022
2023
2024
2025
Joint Stock Co Kaspi.kz R&D Spending Growth & History (KSPI)
Joint Stock Co Kaspi.kz's r&d spending was ₸208.58B for fiscal 2025.
View full Joint Stock Co Kaspi.kz company overviewJoint Stock Co Kaspi.kz annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ₸208.58B | ₸99.03B | +90.39% |
| 2024 | 2024-12-31 | ₸109.55B | ₸20.90B | +23.57% |
| 2023 | 2023-12-31 | ₸88.66B | ₸27.85B | +45.80% |
| 2022 | 2022-12-31 | ₸60.81B | ₸16.42B | +36.99% |
| 2021 | 2021-12-31 | ₸44.39B | — | — |
Joint Stock Co Kaspi.kz quarterly r&d spending
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ₸63.70B | ₸12.81B | +25.18% |
| Q1 2026 | 2026-03-31 | ₸61.58B | ₸18.68B | +43.55% |
| Q4 2025 | 2025-12-31 | ₸56.74B | — | — |
| Q3 2025 | 2025-09-30 | ₸58.05B | — | — |
| Q2 2025 | 2025-06-30 | ₸50.89B | — | — |
| Q1 2025 | 2025-03-31 | ₸42.90B | — | — |
Joint Stock Co Kaspi.kz r&d spending trends
Between the periods ended 2021-12-31 and 2025-12-31, Joint Stock Co Kaspi.kz's r&d spending increased from ₸44.39B to ₸208.58B, a change of ₸164.19B. The latest reported quarter, Q2 2026, shows ₸63.70B.
About the metric
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.
Calculation and source
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 Joint Stock Co Kaspi.kz source filings ↗