Quick Answer
Cheer Holding, Inc. reported R&D Expense of $5.17 million for fiscal year 2025.
Cheer Holding, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $5.17M | +50.9% |
| 2024 | $3.43M | +109.7% |
| 2023 | $1.64M | +22.8% |
| 2022 | $1.33M | +44.7% |
| 2021 | $920.0K | +33.1% |
| 2020 | $691.0K | -7.7% |
| 2019 | $749.0K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| March 31, 2020 | $206.0K | +4.6% | +4.6% |
| March 31, 2019 | $197.0K | — | — |
- Cheer Holding, Inc. showed an increase of +50.9% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Cheer Holding, Inc.’s r&d expense has grown by 590.7% (from $749.0 thousand to $5.17 million).
- The most recent figure is from Cheer Holding, Inc.’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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