Gogoro (GGROW) Research & Development (2021 - 2026)
Gogoro (GGROW) posted quarterly Research & Development of $6.0 million for Q1 2026, little changed year-over-year from $6.0 million in Q1 2025, and down 17.9% on a QoQ basis from $7.3 million in Q4 2025.
Gogoro (GGROW) Research & Development (2021 - 2026) Analysis & Trends
Gogoro (GGROW) has reported Research & Development for 6 consecutive years, with $6.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development changed 0.38% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $25.6 million (down 18.81% YoY), while the FY2025 annual figure was $25.4 million, down 27.31% from the prior year.
- Research & Development came in at $6.0 million for Q1 2026 at Gogoro, down from $7.3 million in the prior quarter.
- The five-year high for Research & Development was $12.7 million in Q3 2022, with the low at $6.0 million in Q1 2025.
- Average Research & Development over 5 years is $9.2 million, with a median of $9.5 million recorded in 2023.
- Across the five-year window, Research & Development jumped 69.98% in 2022 and slumped 36.09% in 2025, its largest moves.
- Year by year, Research & Development stood at $12.4 million in 2022, then fell by 22.19% to $9.6 million in 2023, then advanced by 2.31% to $9.8 million in 2024, then decreased by 25.67% to $7.3 million in 2025, then retreated by 17.9% to $6.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $6.0 million, $7.3 million, and $6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | - |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | - |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -421.43 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 458.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -394.63 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -273.27 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -2,535.42 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 335.67 Mn |
| 10 | Gogoro | - | - | 12.82 Mn | 6.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.01 Mn |
| Dec 31, 2025 | 7.32 Mn |
| Sep 30, 2025 | 6.31 Mn |
| Mar 31, 2025 | 5.99 Mn |
| Dec 31, 2024 | 9.85 Mn |
| Sep 30, 2024 | 7.27 Mn |
| Jun 30, 2024 | 8.46 Mn |
| Mar 31, 2024 | 9.37 Mn |
| Dec 31, 2023 | 9.62 Mn |
| Sep 30, 2023 | 10.96 Mn |
| Jun 30, 2023 | 10.73 Mn |
| Mar 31, 2023 | 9.55 Mn |
| Dec 31, 2022 | 12.37 Mn |
| Sep 30, 2022 | 12.68 Mn |
| Jun 30, 2022 | 11.60 Mn |
| Mar 31, 2022 | 9.34 Mn |
| Dec 31, 2021 | 8.80 Mn |
| Sep 30, 2021 | 7.46 Mn |
| Jun 30, 2021 | 7.47 Mn |
| Mar 31, 2021 | 6.87 Mn |