Blue Biofuels R&D Spending Growth & History (BIOF)

Blue Biofuels's r&d spending was $2.3M for fiscal 2025.

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Blue Biofuels annual r&d spending history

Blue Biofuels annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20252025-12-31$2.3M−$24,073−1.03%
20242024-12-31$2.3M$479,446+25.92%
20232023-12-31$1.8M−$500,251−21.29%
20222022-12-31$2.4M$1.2M+112.99%
20212021-12-31$1.1M$340,277+44.59%
20202020-12-31$763,159−$34,703−4.35%
20192019-12-31$797,862
20172017-12-31$736,750$37,957+5.43%
20162016-12-31$698,793

Blue Biofuels r&d spending trends

Over the last five fiscal years, Blue Biofuels's r&d spending increased from $763,159 to $2.3M, a change of $1.5M. The latest reported quarter, Q2 2026, shows $431,198.

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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