Reed'S, Inc. (REED) Research & Development (2010 - 2024)
Reed'S's (REED) quarterly Research & Development came in at $1.3 million in Q3 2024, up 49.01% YoY from $861000.0 in Q4 2023, and up 16.96% on a QoQ basis from $1.1 million in Q2 2024.
Reed'S, Inc. (REED) Research & Development (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Research & Development data on file, last reported at $1.3 million in Q3 2024.
- Quarterly Research & Development rose 49.01% year-over-year to $1.3 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $4.8 million (down 9.3% YoY) and the FY2023 annual result came in at $4.9 million, down 33.5% from the prior year.
- Research & Development advanced to $1.3 million in Q3 2024, from $1.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.2 million in Q2 2022 to a low of $861000.0 in Q3 2023.
- A 4-year average of $1.5 million and a median of $1.3 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2020 — Research & Development slumped 50.38% — and 2024, when it jumped 49.01%.
- Tracing REED's Research & Development over 4 years: stood at $1.6 million in 2020, then climbed by 6.81% to $1.7 million in 2022, then retreated by 23.33% to $1.3 million in 2023, then declined by 1.16% to $1.3 million in 2024.
- The last three Research & Development figures came in at $1.3 million (Q3 2024), $1.1 million (Q2 2024), and $1.1 million (Q1 2024), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.28 Mn |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 1.09 Mn |
| Dec 31, 2023 | 1.30 Mn |
| Sep 30, 2023 | 861,000.00 |
| Jun 30, 2023 | 1.26 Mn |
| Mar 31, 2023 | 1.45 Mn |
| Dec 31, 2022 | 1.69 Mn |
| Sep 30, 2022 | 1.22 Mn |
| Jun 30, 2022 | 2.23 Mn |
| Mar 31, 2022 | 2.18 Mn |
| Jun 30, 2020 | 1.59 Mn |
| Mar 31, 2020 | 1.93 Mn |
| Dec 31, 2019 | 1.47 Mn |
| Sep 30, 2019 | 2.51 Mn |
| Jun 30, 2019 | 3.19 Mn |
| Mar 31, 2019 | 2.02 Mn |
| Dec 31, 2018 | 1.28 Mn |
| Sep 30, 2018 | 1.38 Mn |
| Jun 30, 2018 | 1.21 Mn |