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

Inotiv (NOTV) has reported Research & Development for 14 consecutive years, with $2.3 million the latest figure, recorded in Q1 2023.

• Research & Development for Q1 2023 came in at $2.3 million, up 54.75% year-over-year; the trailing twelve-month figure through Mar 2023 was $7.0 million (up 98.59% YoY), and the FY2022 annual result was $5.7 million, up 285.04% from the prior year.
• Research & Development was $2.3 million for Q1 2023 at Inotiv, up from $1.5 million in the prior quarter.
• Over five years, Research & Development peaked at $2.3 million in Q1 2023 and troughed at $105000.0 in Q2 2020.
• Average Research & Development over 5 years is $710000.0, with a median of $230000.0 recorded in 2019.
• Year-over-year, Research & Development fell 18.26% in 2020 and surged 629.7% in 2022.
• Over 5 years, Research & Development stood at $162000.0 in 2019, then fell 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.
• Per Business Quant data, the three most recent Research & Development figures were $2.3 million in Q1 2023, $1.5 million in Q4 2022, and $1.5 million in Q3 2022.