Ecovyst annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Ecovyst R&D Spending Growth & History (ECVT)
Ecovyst's r&d spending was $6.8M for fiscal 2024.
View full Ecovyst company overviewEcovyst annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $6.8M | −$983,000 | −12.61% |
| 2023 | 2023-12-31 | $7.8M | $565,000 | +7.81% |
| 2022 | 2022-12-31 | $7.2M | −$267,000 | −3.56% |
| 2021 | 2021-12-31 | $7.5M | $362,000 | +5.07% |
| 2020 | 2020-12-31 | $7.1M | −$220,000 | −2.99% |
| 2019 | 2019-12-31 | $7.4M | −$6.4M | −46.37% |
| 2018 | 2018-12-31 | $13.7M | −$140,000 | −1.01% |
| 2017 | 2017-12-31 | $13.9M | $6.6M | +90.74% |
| 2016 | 2016-12-31 | $7.3M | $7.3M | — |
| 2015 | 2015-12-31 | $0 | — | — |
Ecovyst r&d spending trends
Over the last five fiscal years, Ecovyst's r&d spending decreased from $7.4M to $6.8M, a change of −$543,000.
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 Ecovyst source filings ↗