Artificial Intelligence Technology Solutions Inc. (AITX) Research & Development (2020 - 2026)
Artificial Intelligence Technology Solutions' Research & Development came in at $885,593 for fiscal Q1 2027 (quarter ended May 31, 2026), down 18.6% from $1.09 million a year earlier and down 13.5% from the prior quarter.
Artificial Intelligence Technology Solutions Inc. (AITX) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Artificial Intelligence Technology Solutions reported Research & Development of $3.93 million, up 0.4% year-over-year; for FY2026 (ended Feb 28, 2026), it came in at $4.13 million, up 19.2% from FY2025.
- Research & Development carries a five-year compound annual growth rate of 61.3% (FY2021 to FY2026).
- Going back by fiscal year, Research & Development was $3.46 million in FY2025 (+0.5%), $3.45 million in FY2024 (-4.9%), $3.63 million in FY2023 (+22.4%) and $2.96 million in FY2022 (+682.9%).
- The fiscal Q1 2027 figure represents the lowest quarterly Research & Development since fiscal Q3 2025.
- Year-over-year, Research & Development increased in five of the last eight quarters, with growth averaging 15.7%.
- The fastest year-over-year change in Research & Development over five years came in fiscal Q2 2022 (growth of 543.5%), and the weakest in fiscal Q4 2026 (a decline of 34.6%).
- Business Quant data shows AITX's Research & Development at $1.02 million (Q4 2026), $1.1 million (Q3 2026) and $919,714 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 885,593.00 |
| Feb 28, 2026 | 1.02 Mn |
| Nov 30, 2025 | 1.10 Mn |
| Aug 31, 2025 | 919,714.00 |
| May 31, 2025 | 1.09 Mn |
| Feb 28, 2025 | 1.57 Mn |
| Nov 30, 2024 | 579,045.00 |
| Aug 31, 2024 | 677,410.00 |
| May 31, 2024 | 810,150.00 |
| Feb 29, 2024 | 1.20 Mn |
| Nov 30, 2023 | 557,126.00 |
| Aug 31, 2023 | 794,548.00 |
| May 31, 2023 | 891,757.00 |
| Feb 28, 2023 | 824,634.00 |
| Nov 30, 2022 | 813,313.00 |
| Aug 31, 2022 | 963,786.00 |
| May 31, 2022 | 1.02 Mn |
| Feb 28, 2022 | 645,011.00 |
| Nov 30, 2021 | 982,446.00 |
| Aug 31, 2021 | 699,292.00 |
Artificial Intelligence Technology Solutions Inc. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AITX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AITX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AITX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();