Innovative Eyewear Inc (LUCYW) Research & Development (2021 - 2026)
Innovative Eyewear (LUCYW) posted Research & Development of $142,093 for Q2 2026, down 47.0% from $268,224 a year earlier.
Innovative Eyewear Inc (LUCYW) Research & Development (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Innovative Eyewear was $656,905, down 20.4% year-over-year; for FY2025, it came in at $725,388, down 11.5% from FY2024.
- Annual Research & Development shows a four-year compound annual growth rate of 70.3% (FY2021 to FY2025).
- In prior years, Innovative Eyewear's Research & Development was $819,387 in FY2024 (+23.7%), $662,184 in FY2023 (+26.2%), $524,692 in FY2022 (+508.3%) and $86,261 in FY2021.
- Quarterly Research & Development has run from a low of $9,224 in Q3 2021 to a high of $304,691 in Q3 2022 over five years.
- On a year-over-year basis, Research & Development increased in two of the last seven quarters, with an average decline of 6.6%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2023, with growth of 322.2%; the weakest was Q2 2026, with a decline of 47.0%.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 142,093.00 |
| Dec 31, 2025 | 116,604.00 |
| Sep 30, 2025 | 129,984.00 |
| Jun 30, 2025 | 268,224.00 |
| Mar 31, 2025 | 210,576.00 |
| Dec 31, 2024 | 214,915.00 |
| Sep 30, 2024 | 131,369.00 |
| Jun 30, 2024 | 256,802.00 |
| Mar 31, 2024 | 216,301.00 |
| Dec 31, 2023 | 120,836.00 |
| Sep 30, 2023 | 192,701.00 |
| Jun 30, 2023 | 197,478.00 |
| Mar 31, 2023 | 151,169.00 |
| Dec 31, 2022 | 131,634.00 |
| Sep 30, 2022 | 304,691.00 |
| Jun 30, 2022 | 52,560.00 |
| Mar 31, 2022 | 35,807.00 |
| Dec 31, 2021 | 50,140.00 |
| Sep 30, 2021 | 9,224.00 |
| Jun 30, 2021 | 19,128.00 |
Innovative Eyewear Inc 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=LUCYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LUCYW", "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=LUCYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();