Immersion (IMMR) Research & Development (2010 - 2024)
Immersion (IMMR) posted quarterly Research & Development of $1.3 million for Q1 2024, up 929.23% year-over-year from $130000.0 in Q2 2023, and up 50.34% quarter-over-quarter from $890000.0 in Q4 2023.
Immersion (IMMR) Research & Development (2010 - 2024) Analysis & Trends
Immersion (IMMR) has reported Research & Development for 15 consecutive years, with $1.3 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Research & Development rose 929.23% year-over-year to $1.3 million; the TTM figure through Mar 2024 stood at $3.0 million (up 190.86% YoY), while the FY2023 annual figure was $1.8 million, up 26.88% from the prior year.
- Research & Development improved to $1.3 million in Q1 2024 per IMMR's latest filing, from $890000.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.7 million in Q1 2020 and bottomed at $130000.0 in Q1 2023.
- Historically, Research & Development has averaged $809823.5 across 5 years, with a median of $803000.0 in 2021.
- Annual changes were most pronounced in 2023 — Research & Development slumped 74.66% — and 2024, when it jumped 929.23%.
- Immersion's Research & Development stood at $947000.0 in 2020, then dropped by 25.24% to $708000.0 in 2021, then tumbled by 62.99% to $262000.0 in 2022, then jumped by 239.69% to $890000.0 in 2023, then surged by 50.34% to $1.3 million in 2024.
- Business Quant data shows IMMR's Research & Development at $1.3 million in Q1 2024, $890000.0 in Q4 2023, and $367000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Immersion | 248.44 Mn | 338.23 Mn | 84.86 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.34 Mn |
| Dec 31, 2023 | 890,000.00 |
| Sep 30, 2023 | 367,000.00 |
| Jun 30, 2023 | 398,000.00 |
| Mar 31, 2023 | 130,000.00 |
| Dec 31, 2022 | 262,000.00 |
| Sep 30, 2022 | 282,000.00 |
| Jun 30, 2022 | 355,000.00 |
| Mar 31, 2022 | 513,000.00 |
| Dec 31, 2021 | 708,000.00 |
| Sep 30, 2021 | 803,000.00 |
| Jun 30, 2021 | 1.33 Mn |
| Mar 31, 2021 | 1.31 Mn |
| Dec 31, 2020 | 947,000.00 |
| Sep 30, 2020 | 1.10 Mn |
| Jun 30, 2020 | 1.32 Mn |
| Mar 31, 2020 | 1.72 Mn |
| Dec 31, 2019 | 1.77 Mn |
| Sep 30, 2019 | 1.93 Mn |
| Jun 30, 2019 | 1.83 Mn |