BGIN (BGIN Blockchain) Research & Development: $20.19 Mil (TTM As of Dec. 2025)


BGIN BGIN Blockchain Ltd BGIN
39 GF Score
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What is BGIN Blockchain Research & Development?

BGIN Blockchain BGIN +3.61% 39 Research & Development is $20.19 Mil as of Dec. 2025. GuruFocus rates BGIN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BGIN Blockchain's Research & Development for the six months ended in Dec. 2025 was $12.70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $20.19 Mil.

BGIN Blockchain  (NAS:BGIN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

BGIN Blockchain Research & Development Related Terms

BGIN Blockchain Research & Development Historical Data

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The historical data trend for BGIN Blockchain's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BGIN Blockchain Research & Development Chart

BGIN Blockchain Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 0.20 7.18 10.10 16.37 20.19

BGIN Blockchain Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 5.59 10.79 7.50 12.70
BGIN
39GF Score
BGIN Blockchain Ltd BGIN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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BGIN Blockchain Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $20.19 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $20.19 Mil mean?
BGIN Blockchain (BGIN) has a Research & Development of $20.19 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on BGIN Blockchain and its competitors.
Is BGIN Blockchain's Research & Development too high?
BGIN Blockchain's current Research & Development is $20.19 Mil. Overall, BGIN Blockchain has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BGIN Blockchain's Research & Development compare to NNDM and CAN?
BGIN Blockchain's Research & Development of $20.19 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on BGIN Blockchain and its competitors. BGIN Blockchain's current Research & Development is $20.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGIN Blockchain stock overvalued right now?
BGIN Blockchain (BGIN) has a current Research & Development of $20.19 Mil. The current Research & Development is $20.19 Mil. BGIN Blockchain's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For BGIN Blockchain (BGIN), the current Research & Development is $20.19 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BGIN Blockchain Business Description

Address 60 Paya Lebar Road, No. 09 12 Paya Lebar Square, Singapore, SGP, 409051
BGIN Blockchain Ltd is a digital asset technology company engaged in cryptocurrency mining technologies, self-mining operations, and the design and sale of ASIC mining machines. The company develops proprietary mining hardware under its ICERIVER brand and provides mining infrastructure and hosting solutions. It operates through two reportable segments: cryptocurrency mining and sale of mining machines. The company focuses on cryptocurrencies such as Bitcoin, Dogecoin, KAS, ALPH, and RXD. Geographically, it derives revenue from Hong Kong, China, Vietnam, the United States, Singapore, and other markets.
39GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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