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

Inotiv (NOTVQ) has 14 years of Research & Development data on file, last reported at $2.3 million in Q1 2023.

• Quarterly Research & Development rose 54.75% year-over-year to $2.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $7.0 million (up 98.59% YoY) and the FY2022 annual result came in at $5.7 million, up 285.04% from the prior year.
• Research & Development grew to $2.3 million in Q1 2023, from $1.5 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $2.3 million in Q1 2023 to a low of $105000.0 in Q2 2020.
• A 5-year average of $710000.0 and a median of $230000.0 in 2019 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2020 — Research & Development dropped 18.26% — and 2022, when it soared 629.7%.
• Tracing NOTVQ's Research & Development over 5 years: 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.