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Loop Industries (LOOP) R&D In Process (2020 - 2023)

Loop Industries (LOOP) has disclosed R&D In Process for 4 consecutive years, with $2.2 million as the latest value for Q1 2023.

  • For the quarter ending Q1 2023, R&D In Process fell 68.29% year-over-year to $2.2 million, compared with a TTM value of $17.3 million through Feb 2023, down 37.46%, and an annual FY2023 reading of $17.3 million, down 37.46% over the prior year.
  • R&D In Process was $2.2 million for Q1 2023 at Loop Industries, down from $4.6 million in the prior quarter.
  • Across five years, R&D In Process topped out at $8.6 million in Q2 2021 and bottomed at $2.2 million in Q1 2023.
  • Average R&D In Process over 4 years is $5.3 million, with a median of $5.3 million recorded in 2021.
  • The sharpest move saw R&D In Process soared 92.23% in 2021, then tumbled 68.29% in 2023.
  • Year by year, R&D In Process stood at $2.7 million in 2020, then surged by 148.63% to $6.8 million in 2021, then tumbled by 32.97% to $4.6 million in 2022, then plummeted by 51.7% to $2.2 million in 2023.
  • Business Quant data shows R&D In Process for LOOP at $2.2 million in Q1 2023, $4.6 million in Q4 2022, and $3.8 million in Q3 2022.