REE Automotive (REE) Research & Development (2020 - 2024)

REE Automotive (REE) posted quarterly Research & Development of $13.7 million for Q4 2024, down 52.24% YoY from $28.6 million in Q1 2024, and up 10.23% sequentially from $12.4 million in Q3 2024.

REE Automotive (REE) Research & Development (2020 - 2024) Analysis & Trends

REE Automotive has disclosed Research & Development across 5 years of filings, most recently posting $13.7 million for Q4 2024.

  • In Q4 2024, Research & Development fell 52.24% year-over-year to $13.7 million; the TTM figure through Dec 2024 stood at $8.1 billion (down 49.05% YoY), while the FY2025 annual figure was $45.4 billion, down 8.14% from the prior year.
  • Research & Development grew to $13.7 million in Q4 2024, from $12.4 million in the prior quarter.
  • Over the last five years, Research & Development for REE reached as high as $15.9 billion in Q3 2023 and fell as low as $5.0 million in Q4 2020.
  • The 5-year median for Research & Development is $21.6 million (2022), against an average of $2.4 billion.
  • Annual changes were most pronounced in 2023 — Research & Development jumped 75880.65% — and 2024, when it slumped 99.92%.
  • 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 slumped by 52.24% to $13.7 million in 2024.
  • According to Business Quant data, Research & Development over the past three periods registered $13.7 million, $12.4 million, and $8.1 billion for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn -
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn 195.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn -
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 120.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -
10 REE Automotive 6.75 Mn -7.50 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