Innoviz Technologies (INVZ) Research & Development (2020 - 2026)
Innoviz Technologies (INVZ) recorded Research & Development of $11.7 million in the quarter ended Jun 30, 2026, down 11.0% from $13.15 million a year earlier and down 30.2% from the prior quarter.
Innoviz Technologies (INVZ) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, Innoviz Technologies' Research & Development came in at $56.95 million as of Jun 30, 2026, down 6.9% year-over-year; for the year ended Dec 31, 2025, it came in at $56.48 million, down 23.5% from the prior year.
- Annual Research & Development has declined for three straight years, with a five-year compound annual growth rate of -0.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Research & Development came in at $73.82 million in the year ended Dec 31, 2024 (-20.3%), $92.68 million in the year ended Dec 31, 2023 (-2.6%), $95.11 million in the year ended Dec 31, 2022 (+1.9%) and $93.34 million in the year ended Dec 31, 2021 (+63.7%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Research & Development since the quarter ended Jun 30, 2020.
- On a year-over-year basis, Research & Development rose in two of the last eight quarters, with an average decline of 14.8%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 58.2% in the quarter ended Dec 31, 2021, against a decline of 39.0% in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $16.76 million (quarter ended Mar 31, 2026), $16.12 million (quarter ended Dec 31, 2025) and $12.37 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 104.40 Mn |
| 10 | Innoviz Technologies | 77.07 Mn | -139.96 Mn | 697,000.00 | 11.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.70 Mn |
| Mar 31, 2026 | 16.76 Mn |
| Dec 31, 2025 | 16.12 Mn |
| Sep 30, 2025 | 12.37 Mn |
| Jun 30, 2025 | 13.15 Mn |
| Mar 31, 2025 | 14.83 Mn |
| Dec 31, 2024 | 13.49 Mn |
| Sep 30, 2024 | 19.72 Mn |
| Jun 30, 2024 | 16.76 Mn |
| Mar 31, 2024 | 23.85 Mn |
| Dec 31, 2023 | 22.11 Mn |
| Sep 30, 2023 | 20.68 Mn |
| Jun 30, 2023 | 23.79 Mn |
| Mar 31, 2023 | 26.10 Mn |
| Dec 31, 2022 | 26.25 Mn |
| Sep 30, 2022 | 24.16 Mn |
| Jun 30, 2022 | 21.94 Mn |
| Mar 31, 2022 | 22.76 Mn |
| Dec 31, 2021 | 23.94 Mn |
| Sep 30, 2021 | 20.58 Mn |
Innoviz Technologies Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=INVZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "INVZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=INVZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();