Growth Metrics

Inotiv (NOTV) Research & Development (2016 - 2023)

Inotiv (NOTV) has disclosed Research & Development for 14 consecutive years, with $2.3 million as the latest value for Q1 2023.

  • For the quarter ending Q1 2023, Research & Development rose 54.75% year-over-year to $2.3 million, compared with a TTM value of $7.0 million through Mar 2023, up 98.65%, and an annual FY2022 reading of $5.7 million, up 285.04% over the prior year.
  • Research & Development was $2.3 million for Q1 2023 at Inotiv, up from $1.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $2.3 million in Q1 2023 and bottomed at $105000.0 in Q2 2020.
  • Average Research & Development over 5 years is $710000.0, with a median of $230000.0 recorded in 2019.
  • The sharpest move saw Research & Development decreased 18.26% in 2020, then soared 626.11% in 2022.
  • Year by year, Research & Development stood at $162000.0 in 2019, then decreased by 1.23% to $160000.0 in 2020, then soared by 498.12% to $957000.0 in 2021, then soared by 57.26% to $1.5 million in 2022, then soared by 51.56% to $2.3 million in 2023.
  • Business Quant data shows Research & Development for NOTV at $2.3 million in Q1 2023, $1.5 million in Q4 2022, and $1.5 million in Q3 2022.