Company / R&D Expense
American Bitcoin Corp. R&D Expense History
FY2018-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.3M
FY2023
5-year range
$2.3M / $5.9M
FY2019-FY2023
Trend
-42.9%
vs FY2022
Sector context
#21 of 20
Financials
What the data says
Among 20 Financials companies, American Bitcoin Corp. is in the bottom -5% for r&d expense. R&D Expense has fluctuated over the past 6 years, ranging from $2M in FY2023 to $6M in FY2021.
Based on SEC 10-K filings.
$2M in FY2023 with a 5-year CAGR of -2.5%.
Declined from $6M to $2M over the past 2 years.
Financials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -10.0%
- 5-Year CAGR
- -2.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom -5% in FinancialsTop 105% of 20This company $2.3M Sector average $402.2M
▼
-99.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -2.5%, indicating a declining trend.
- In FY2023, r&d expense decreased 42.9% year-over-year.
- Ranks #21 out of 20 companies in the Financials sector.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -5.40 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | - | - |
| FY2023 | $2.3M | -42.9% |
| FY2022 | $4.1M | -30.6% |
| FY2021 | $5.9M | +83.8% |
| FY2020 | $3.2M | -42.4% |
| FY2019 | $5.6M | +110.4% |
| FY2018 | $2.6M | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026