Immersion (IMMR) Research & Development (2010 - 2024)

Immersion (IMMR) posted quarterly Research & Development of $1.3 million for Q1 2024, up 929.23% year-on-year from $130000.0 in Q2 2023, and up 50.34% on a QoQ basis 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.

  • Quarterly Research & Development rose 929.23% year-over-year to $1.3 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $3.0 million (up 190.86% YoY) and the FY2023 annual result came in at $1.8 million, up 26.88% from the prior year.
  • Research & Development advanced to $1.3 million in Q1 2024 per IMMR's latest filing, from $890000.0 in the prior quarter.
  • Over the last five years, Research & Development for IMMR reached as high as $1.7 million in Q1 2020 and fell as low as $130000.0 in Q1 2023.
  • A 5-year average of $809823.5 and a median of $803000.0 in 2021 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development slumped 74.66% — and 2024, when it soared 929.23%.
  • Year by year, Research & Development stood at $947000.0 in 2020, then retreated by 25.24% to $708000.0 in 2021, then plunged 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.
  • According to Business Quant data, Research & Development over the past three periods registered $1.3 million, $890000.0, and $367000.0 for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Immersion 217.40 Mn 306.10 Mn 84.86 Mn -

Historic Data

Download Data
DateValue
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