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
DateValue
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