TurnOnGreen (TOGI) Research & Development (2021 - 2024)

TurnOnGreen's (TOGI) quarterly Research & Development came in at $97000.0 in Q3 2024, little changed year-on-year from $97000.0 in Q4 2023, and down 4.9% quarter-over-quarter from $102000.0 in Q2 2024.

TurnOnGreen (TOGI) Research & Development (2021 - 2024) Analysis & Trends

TurnOnGreen has disclosed Research & Development across 4 years of filings, most recently posting $97000.0 for Q3 2024.

  • Research & Development for Q3 2024 came in at $97000.0, changed 0.0% year-over-year; the trailing twelve-month figure through Sep 2024 was $424000.0 (up 0.95% YoY), and the FY2023 annual result was $418000.0, down 40.03% from the prior year.
  • Research & Development came in at $97000.0 for Q3 2024 at TurnOnGreen, down from $102000.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $304000.0 in Q2 2022 to a low of $71000.0 in Q3 2022.
  • The 4-year median for Research & Development is $111000.0 (2024), against an average of $125615.4.
  • Peak annual rise in Research & Development reached 36.62% in 2023, while the deepest fall reached 71.05% in 2023.
  • TurnOnGreen's Research & Development stood at $136000.0 in 2021, then declined by 14.71% to $116000.0 in 2022, then slipped by 1.72% to $114000.0 in 2023, then retreated by 14.91% to $97000.0 in 2024.
  • The last three Research & Development figures came in at $97000.0 (Q3 2024), $102000.0 (Q2 2024), and $111000.0 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 56.85 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 22.70 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 62.40 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 4.29 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 10.94 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 TurnOnGreen - - 813,000.00 -

Historic Data

Download Data
DateValue
Sep 30, 2024 97,000.00
Jun 30, 2024 102,000.00
Mar 31, 2024 111,000.00
Dec 31, 2023 114,000.00
Sep 30, 2023 97,000.00
Jun 30, 2023 88,000.00
Mar 31, 2023 119,000.00
Dec 31, 2022 116,000.00
Sep 30, 2022 71,000.00
Jun 30, 2022 304,000.00
Mar 31, 2022 206,000.00
Dec 31, 2021 136,000.00
Sep 30, 2021 72,000.00