Advent Technologies Holdings R&D Spending Growth & History (ADNH)

Advent Technologies Holdings's r&d spending was $3.2M for fiscal 2024.

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Advent Technologies Holdings annual r&d spending history

Advent Technologies Holdings annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20242024-12-31$3.2M−$4.3M−57.38%
20232023-12-31$7.6M−$2.2M−22.75%
20222022-12-31$9.8M$6.3M+176.65%
20212021-12-31$3.5M$3.4M+3353.35%
20202020-12-31$102,538

Advent Technologies Holdings r&d spending trends

Between the periods ended 2020-12-31 and 2024-12-31, Advent Technologies Holdings's r&d spending increased from $102,538 to $3.2M, a change of $3.1M. The latest reported quarter, Q3 2025, shows $229,000.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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