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% on a YoY basis from $861000.0 in Q4 2023, and up 16.96% quarter-over-quarter from $1.1 million in Q2 2024.
Analysis
Reed'S, Inc. (REED) Research & Development (2010 - 2024) Analysis & Trends
Reed'S (REED) has reported Research & Development for 14 consecutive years, with $1.3 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Research & Development rose 49.01% year-over-year to $1.3 million; the trailing twelve-month figure through Sep 2024 stood at $4.8 million (down 9.3% YoY), and the FY2023 full-year result was $4.9 million, down 33.5% from the prior year.
- Research & Development rose to $1.3 million in Q3 2024 per REED's latest filing, from $1.1 million in the prior quarter.
- Across five years, Research & Development topped out at $2.2 million in Q2 2022 and bottomed at $861000.0 in Q3 2023.
- Historically, Research & Development has averaged $1.5 million across 4 years, with a median of $1.3 million in 2023.
- The sharpest annual moves came in 2020 and 2024: Research & Development tumbled 50.38% in 2020, then surged 49.01% in 2024.
- Over 4 years, Research & Development stood at $1.6 million in 2020, then increased by 6.81% to $1.7 million in 2022, then slipped by 23.33% to $1.3 million in 2023, then retreated by 1.16% to $1.3 million in 2024.
- According to Business Quant data, Research & Development over the past three periods registered $1.3 million, $1.1 million, and $1.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
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Historic 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 |