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

Inotiv's Research & Development history spans 14 years, with the latest figure at $2.3 million 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 98.59%, and an annual FY2022 reading of $5.7 million, up 285.04% over the prior year.
  • Research & Development for Q1 2023 was $2.3 million at Inotiv, 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.
  • 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 then surged 629.7% in 2022.
  • Tracing NOTV's Research & Development over 5 years: 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.
  • Per Business Quant, the three most recent readings for NOTV's Research & Development are $2.3 million (Q1 2023), $1.5 million (Q4 2022), and $1.5 million (Q3 2022).