Westpac Banking (WBKCY) Research & Development (2009 - 2022)

Westpac Banking (WBKCY) has 10 years of Research & Development data on file, last reported at $27.4 million in Q3 2022.

• For the quarter ending Q3 2022, Research & Development fell 27.07% year-over-year to $27.4 million; the trailing twelve-month figure through Sep 2022 stood at $127.9 million (up 114.03% YoY), and the FY2022 full-year result was $27.4 million, down 27.07% from the prior year.
• Research & Development for Q3 2022 stood at $27.4 million, down from $37.5 million in the prior quarter.
• Across five years, Research & Development topped out at $37.5 million in Q3 2021 and bottomed at $27.4 million in Q3 2022.
• The 4-year median for Research & Development is $31.5 million (2019), against an average of $32.0 million.
• The widest annual swing landed in 2021, when Research & Development grew 16.6%; it then declined 27.07% in 2022.
• A 4-year view of Research & Development shows it stood at $30.9 million in 2019, then advanced by 4.22% to $32.2 million in 2020, then increased by 16.6% to $37.5 million in 2021, then slipped by 27.07% to $27.4 million in 2022.
• The last three Research & Development figures came in at $27.4 million (Q3 2022), $37.5 million (Q3 2021), and $32.2 million (Q3 2020), per Business Quant data.

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