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| 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 |