Gogoro (GGROW) Research & Development (2021 - 2026)
Gogoro (GGROW) recorded quarterly Research & Development of $6.0 million in Q1 2026, down 17.9% quarter-over-quarter from $7.3 million in Q4 2025, and little changed on a YoY basis from $6.0 million in Q1 2025.
Gogoro (GGROW) Research & Development (2021 - 2026) Analysis & Trends
Gogoro's Research & Development history runs 6 years deep, the most recent figure standing at $6.0 million for 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 was $6.0 million for Q1 2026 at Gogoro, down from $7.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $12.7 million in Q3 2022 to a low of $6.0 million in Q1 2025.
- Historically, Research & Development has averaged $9.2 million across 5 years, with a median of $9.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 69.98% in 2022, then sank 36.09% in 2025.
- A 5-year view of Research & Development shows it stood at $12.4 million in 2022, then slipped by 22.19% to $9.6 million in 2023, then increased by 2.31% to $9.8 million in 2024, then declined by 25.67% to $7.3 million in 2025, then dropped by 17.9% to $6.0 million in 2026.
- The last three Research & Development figures came in at $6.0 million (Q1 2026), $7.3 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | - |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | - |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 278.21 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | - |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 458.00 Mn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -124.48 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -2,869.36 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 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 |