REE Automotive (REEAF) Research & Development (2020 - 2024)
REE Automotive's (REEAF) quarterly Research & Development came in at $13.7 million in 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.
Analysis
REE Automotive (REEAF) Research & Development (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Research & Development for 5 consecutive years, with $13.7 million the latest figure, recorded in Q4 2024.
- On a quarterly basis, Research & Development fell 52.24% year-over-year to $13.7 million in Q4 2024; TTM through Dec 2024 was $49.5 million, a 40.17% decrease from a year earlier, with the FY2025 full-year figure at $45.4 million, down 8.14% from the prior year.
- Research & Development was $13.7 million for Q4 2024 at REE Automotive, up from $12.4 million in the prior quarter.
- Over five years, Research & Development peaked at $212.4 million in Q3 2021 and troughed at $4.5 million in Q3 2020.
- A 5-year average of $25.9 million and a median of $18.1 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 4657.85% in 2021 and tumbled 90.17% in 2022, its largest moves.
- Over 5 years, Research & Development stood at $5.0 million in 2020, then soared by 368.56% to $23.3 million in 2021, then slipped by 20.9% to $18.4 million in 2022, then soared by 55.17% to $28.6 million in 2023, then sank by 52.24% to $13.7 million in 2024.
- The last three Research & Development figures came in at $13.7 million (Q4 2024), $12.4 million (Q3 2024), and $8.1 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn | - |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn | -1.53 Bn |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn | - |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn | - |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn | 466.00 Mn |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn | -409.08 Mn |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn | -429.54 Mn |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn | -316.12 Mn |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 13.65 Mn |
| Sep 30, 2024 | 12.39 Mn |
| Jun 30, 2024 | 8.06 Mn |
| Mar 31, 2024 | 15.36 Mn |
| Dec 31, 2023 | 28.59 Mn |
| Sep 30, 2023 | 15.86 Mn |
| Jun 30, 2023 | 19.34 Mn |
| Mar 31, 2023 | 18.87 Mn |
| 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 Mn |
| Mar 31, 2021 | 7.15 Mn |
| Dec 31, 2020 | 4.97 Mn |
| Sep 30, 2020 | 4.47 Mn |
| Jun 30, 2020 | 18.19 Mn |