Company / R&D Expense
Lite Strategy, Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$16.6M
FY2025
5-year range
$16.6M / $85.6M
FY2021-FY2025
Trend
-68.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $86M to $17M over the past 2 years.
Based on SEC 10-K filings.
$17M in FY2025 with a 5-year CAGR of -0.6%.
Declined from $86M to $17M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -21.4%
- 5-Year CAGR
- -0.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -0.6%, indicating a declining trend.
- In FY2025, r&d expense decreased 68.4% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 5.76 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.6M | -68.4% |
| FY2024 | $52.5M | -38.8% |
| FY2023 | $85.6M | +151.4% |
| FY2022 | $34.1M | +5.5% |
| FY2021 | $32.3M | +89.6% |
| FY2020 | $17.0M | +135.4% |
| FY2019 | $7.2M | -46.0% |
| FY2018 | $13.4M | -43.7% |
| FY2017 | $23.8M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026