REE Automotive (REE) Research & Development (2020 - 2024)
REE Automotive (REE) reported Research & Development of $13.7 million for Q4 2024, down 52.24% year-over-year from $28.6 million in Q1 2024, and up 10.23% quarter-over-quarter from $12.4 million in Q3 2024.
REE Automotive (REE) Research & Development (2020 - 2024) Analysis & Trends
REE Automotive (REE) has 5 years of Research & Development data on file, last reported at $13.7 million in Q4 2024.
- Research & Development for Q4 2024 came in at $13.7 million, down 52.24% year-over-year; the trailing twelve-month figure through Dec 2024 was $8.1 billion (down 49.05% YoY), and the FY2025 annual result was $45.4 billion, down 8.14% from the prior year.
- Research & Development improved to $13.7 million in Q4 2024 per REE's latest filing, from $12.4 million in the prior quarter.
- Over five years, Research & Development peaked at $15.9 billion in Q3 2023 and troughed at $5.0 million in Q4 2020.
- A 5-year average of $2.4 billion and a median of $21.6 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development jumped 75880.65% in 2023, then plunged 99.92% in 2024.
- A 5-year view of Research & Development shows it stood at $5.0 million in 2020, then jumped by 368.56% to $23.3 million in 2021, then dropped by 20.9% to $18.4 million in 2022, then jumped by 55.17% to $28.6 million in 2023, then plunged by 52.24% to $13.7 million in 2024.
- Business Quant data shows REE's Research & Development at $13.7 million in Q4 2024, $12.4 million in Q3 2024, and $8.1 billion in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | REE Automotive | 11.57 Mn | -4.65 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 13.65 Mn |
| Sep 30, 2024 | 12.39 Mn |
| Jun 30, 2024 | 8.06 Bn |
| Dec 31, 2023 | 28.59 Mn |
| Sep 30, 2023 | 15.86 Bn |
| Dec 31, 2022 | 18.42 Mn |
| Sep 30, 2022 | 20.88 Mn |
| Jun 30, 2022 | 18.08 Mn |
| Mar 31, 2022 | 22.40 Mn |
| Dec 31, 2021 | 23.29 Mn |
| Sep 30, 2021 | 212.44 Mn |
| Jun 30, 2021 | 9.55 Bn |
| Mar 31, 2021 | 7.15 Mn |
| Dec 31, 2020 | 4.97 Mn |
| Sep 30, 2020 | 4.47 Bn |
| Jun 30, 2020 | 18.19 Mn |