Inotiv (NOTV) Research & Development (2010 - 2023)

Inotiv has reported Research & Development for 14 years, with the latest figure at $2.3 million in Q1 2023.

• For the quarter ending Q1 2023, Research & Development rose 54.75% year-over-year to $2.3 million; the trailing twelve-month figure through Mar 2023 stood at $7.0 million (up 98.59% YoY), and the FY2022 full-year result was $5.7 million, up 285.04% from the prior year.
• Research & Development for Q1 2023 stood at $2.3 million, up from $1.5 million in the prior quarter.
• The five-year high for Research & Development was $2.3 million in Q1 2023, with the low at $105000.0 in Q2 2020.
• Historically, Research & Development has averaged $710000.0 across 5 years, with a median of $230000.0 in 2019.
• Annual changes were most pronounced in 2020 — Research & Development dropped 18.26% — and 2022, when it soared 629.7%.
• Inotiv's Research & Development stood at $162000.0 in 2019, then slipped by 1.23% to $160000.0 in 2020, then jumped by 498.12% to $957000.0 in 2021, then jumped by 57.26% to $1.5 million in 2022, then jumped by 51.56% to $2.3 million in 2023.
• The last three Research & Development figures came in at $2.3 million (Q1 2023), $1.5 million (Q4 2022), and $1.5 million (Q3 2022), per Business Quant data.