Motorsport Games Inc. (MSGM) stock
MSGMNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 14/3054% below fair value
$4.35−0.03 (-0.68%)
Close on Nov 11, 2026Market cap $19.96MP/E 10.1Yield –
Motorsport Games r&d expenses
Research and development expenses are spending on new products and technology.
Motorsport Games's R&D Expenses for the twelve months ending Sep 30, 2026 was $1.83M, down 3.0% year over year. For fiscal 2025 it was $1.76M, down 47.9% from the year before. The highest annual figure on record is $10.42M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.76M | -47.9% |
| FY2024 | Dec 31, 2024 | $3.38M | -53.3% |
| FY2023 | Dec 31, 2023 | $7.24M | -30.5% |
| FY2022 | Dec 31, 2022 | $10.42M | +8.3% |
| FY2021 | Dec 31, 2021 | $9.62M | +107.0% |
| FY2020 | Dec 31, 2020 | $4.65M | -2.8% |
| FY2019 | Dec 31, 2019 | $4.78M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $112.59K | -73.1% |
| Q2 FY2026 | Jun 30, 2026 | $737.23K | +172.7% |
| Q1 FY2026 | Mar 31, 2026 | $514.34K | -14.6% |
| Q4 FY2025 | Dec 31, 2025 | $468.98K | -21.5% |
| Q3 FY2025 | Sep 30, 2025 | $418.91K | -50.6% |
| Q2 FY2025 | Jun 30, 2025 | $270.34K | -68.9% |
| Q1 FY2025 | Mar 31, 2025 | $601.95K | -43.4% |
| Q4 FY2024 | Dec 31, 2024 | $597.72K | -59.8% |
| Q3 FY2024 | Sep 30, 2024 | $848.53K | -45.8% |
| Q2 FY2024 | Jun 30, 2024 | $868.75K | -51.4% |
| Q1 FY2024 | Mar 31, 2024 | $1.06M | -55.6% |
| Q4 FY2023 | Dec 31, 2023 | $1.49M | -45.0% |
| Q3 FY2023 | Sep 30, 2023 | $1.57M | -40.4% |
| Q2 FY2023 | Jun 30, 2023 | $1.79M | -33.3% |
| Q1 FY2023 | Mar 31, 2023 | $2.40M | -0.3% |
| Q4 FY2022 | Dec 31, 2022 | $2.70M | -23.7% |
| Q3 FY2022 | Sep 30, 2022 | $2.63M | -12.7% |
| Q2 FY2022 | Jun 30, 2022 | $2.68M | +47.5% |
| Q1 FY2022 | Mar 31, 2022 | $2.40M | +92.3% |
| Q4 FY2021 | Dec 31, 2021 | $3.54M | +192.2% |
| Q3 FY2021 | Sep 30, 2021 | $3.02M | +131.9% |
| Q2 FY2021 | Jun 30, 2021 | $1.82M | +51.2% |
| Q1 FY2021 | Mar 31, 2021 | $1.25M | +33.6% |
| Q4 FY2020 | Dec 31, 2020 | $1.21M | – |
| Q3 FY2020 | Sep 30, 2020 | $1.30M | – |
| Q2 FY2020 | Jun 30, 2020 | $1.20M | – |
| Q1 FY2020 | Mar 31, 2020 | $935.80K | – |
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