Commercial Vehicle Group annual r&d spending
2012
2013
2014
2015
2016
Commercial Vehicle Group R&D Spending Growth & History (CVGI)
Commercial Vehicle Group's r&d spending was $7.0M for fiscal 2016.
View full Commercial Vehicle Group company overviewCommercial Vehicle Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2016 | 2016-12-31 | $7.0M | −$400,000 | −5.41% |
| 2015 | 2015-12-31 | $7.4M | $1.1M | +17.46% |
| 2014 | 2014-12-31 | $6.3M | $300,000 | +5.00% |
| 2013 | 2013-12-31 | $6.0M | −$400,000 | −6.25% |
| 2012 | 2012-12-31 | $6.4M | — | — |
Commercial Vehicle Group r&d spending trends
Between the periods ended 2012-12-31 and 2016-12-31, Commercial Vehicle Group's r&d spending increased from $6.4M to $7.0M, a change of $600,000.
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.
Review Commercial Vehicle Group source filings ↗