Inter (INTR) Research & Development (2021 - 2023)

Inter (INTR) has reported Research & Development for 3 consecutive years, with -$14.4 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Research & Development fell 2.23% year-over-year to -$14.4 million; the trailing twelve-month figure through Sep 2023 stood at -$72.1 million (down 25.99% YoY), and the FY2022 full-year result was -$44.7 million, down 61.12% from the prior year.
• Research & Development grew to -$14.4 million in Q3 2023 per INTR's latest filing, from -$26.4 million in the prior quarter.
• Across five years, Research & Development topped out at -$8.1 million in Q1 2022 and bottomed at -$26.4 million in Q2 2023.
• Historically, Research & Development has averaged -$16.2 million across 3 years, with a median of -$15.0 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 30.39% in 2022, then sank 87.87% in 2023.
• Over 3 years, Research & Development stood at -$20.3 million in 2021, then gained by 21.08% to -$16.0 million in 2022, then increased by 9.84% to -$14.4 million in 2023.
• According to Business Quant data, Research & Development over the past three periods registered -$14.4 million, -$26.4 million, and -$15.3 million for Q3 2023, Q2 2023, and Q1 2023 respectively.