CMRC (CMRC) reported R&D of $18.03M in Q1 2026.

How has CMRC's R&D changed year-over-year?

CMRC's R&D decreased by 6.1% year-over-year, from $19.21M to $18.03M.

What is the long-term trend for CMRC's R&D?

Over 4 years (2021 to 2025), CMRC's R&D has grown at a 3.1% compound annual growth rate (CAGR), from $64.55M to $73.02M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

CMRC CMRC R&D

R&D at other companies

SalesforceCRM

$1.63B+11.4%

ShopifySHOP

$437M+15.9%

Fluent, Inc.FLNT

$2.82M-17.0%

Manhattan AssociatesMANH

$37.35M+5.8%

Taboola.com Ltd.TBLA

$39.58M+10.1%

GigaCloud TechnologyGCT

$2.36M-5.4%

Other financials

Income statement

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Revenue$86.8M+5.4%

Gross profit$66.7M+1.9%

Operating income$5.8M+339%

Net income$3.7M+1,156%

EPS (diluted)$0.05—

Balance sheet

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Cash & equivalents$57.2M+9.8%

Total debt$12.4M+37.5%

Total equity$46.9M+23.1%

Total assets$324.3M+13.3%

Cash flow

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Operating cash flow$18.4M+4,482%

CapEx$4.3M+419%

Free cash flow$14.1M+3,423%

Valuation

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Market cap$244.24M-32.1%

Enterprise value$199.41M—

P/S0.7×—

Profitability

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Gross margin78.1%+0.8pp

Operating margin-2.3%-1.0pp

Net margin-4.4%-1.0pp

FCF margin9%—

Returns & leverage

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Return on equity-35.9%-11.0pp

Debt / equity0.3×0.0×

Current ratio2×-0.4×

Where this comes from

Reported directly by CMRC in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: CMRC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CMRC's R&D?: CMRC (CMRC) reported R&D of $18.03M in Q1 2026.
How has CMRC's R&D changed year-over-year?: CMRC's R&D decreased by 6.1% year-over-year, from $19.21M to $18.03M.
What is the long-term trend for CMRC's R&D?: Over 4 years (2021 to 2025), CMRC's R&D has grown at a 3.1% compound annual growth rate (CAGR), from $64.55M to $73.02M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.