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| 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 |