ICG (Intchains Group) Research & Development: $10.79 Mil (TTM As of Dec. 2025)

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ICG Intchains Group Ltd ICG
55 GF Score
Price $0.81
GF Value $5.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is Intchains Group Research & Development?

Intchains Group ICG -0.12% 55 Research & Development is $10.79 Mil as of Dec. 2025. GuruFocus rates ICG with a GF Score™ of 55/100 and a GF Value™ of $5.70 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Intchains Group's Research & Development for the three months ended in Dec. 2025 was $1.85 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $10.79 Mil.

Intchains Group  (NAS:ICG) 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.

Intchains Group Research & Development Related Terms

Intchains Group Research & Development Historical Data

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The historical data trend for Intchains Group'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.

Intchains Group Research & Development Chart

Intchains Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 8.35 6.94 5.93 15.03 10.98

Intchains Group Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.30 3.64 2.12 3.18 1.85
ICG
55GF Score
Intchains Group Ltd ICG
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Intchains Group 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 quarterly data reported by the company within the most recent 12 months, which was $10.79 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 $10.79 Mil mean?
Intchains Group (ICG) has a Research & Development of $10.79 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Intchains Group and its competitors.
Is Intchains Group's Research & Development too high?
Intchains Group's current Research & Development is $10.79 Mil. Overall, Intchains Group has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Intchains Group's Research & Development compare to NA and PXLW?
Intchains Group's Research & Development of $10.79 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Intchains Group and its competitors. Intchains Group's current Research & Development is $10.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intchains Group stock overvalued right now?
Based on GuruFocus' analysis, Intchains Group (ICG) is currently considered Possible Value Trap. The stock's GF Value™ is $5.70, compared to a current price of $0.81 — trading 85.8% below its estimated fair value. The current Research & Development is $10.79 Mil. Intchains Group's overall GF Score™ is 55/100 with 5 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 Intchains Group (ICG), the current Research & Development is $10.79 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.

Is Intchains Group (ICG) Overvalued in 2026?

Based on GuruFocus' analysis, Intchains Group stock appears to be undervalued. The current stock price of $0.81 is trading 85.8% below its estimated GF Value™ of $5.70. GuruFocus considers Intchains Group to be Possible Value Trap.

Key valuation signals for ICG:

  • Research & Development: $10.79 Mil
  • GF Value™: $5.70 vs. price of $0.81 (85.8% below fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the ICG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Intchains Group Business Description

Address Lane 999, Xinyuan South Road, c/o Building 16, Lin-Gang Special Area, Pudong, Shanghai, CHN, 201306
Intchains Group Ltd is an inventive altcoins development company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies and the active development of inventive Web3 applications. The company offers high-performance mining products including altcoin mining machines incorporating its ASIC chips that have high computing power and superior power efficiency, ASIC chips and ancillary software and hardware, all of which cater to the evolving needs of the blockchain industry. Geographically, it operates in Mainland China, Hong Kong, and Other countries or regions.
55GF Score

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

$0.81
Price
$5.70
GF Value