Earth Science Tech R&D Spending Growth & History (ETST)
Earth Science Tech's r&d spending was $0 for fiscal 2023.
View full Earth Science Tech company overviewEarth Science Tech annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-03-31 | $0 | $0 | — |
| 2022 | 2022-03-31 | $0 | −$9,000 | — |
| 2021 | 2021-03-31 | $9,000 | −$67,113 | −88.18% |
| 2020 | 2020-03-31 | $76,113 | −$262,743 | −77.54% |
| 2019 | 2019-03-31 | $338,856 | $188,405 | +125.23% |
| 2018 | 2018-03-31 | $150,451 | — | — |
| 2014 | 2015-03-31 | $32,593 | — | — |
Earth Science Tech quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q1 2024 | 2023-06-30 | $6,817 | — | — |
| Q3 2021 | 2020-12-31 | $0 | −$18,000 | — |
| Q2 2021 | 2020-09-30 | $9,000 | −$9,000 | −50.00% |
| Q1 2021 | 2020-06-30 | $9,000 | −$13,113 | −59.30% |
| Q4 2020 | 2020-03-31 | $18,000 | −$14,857 | −45.22% |
| Q3 2020 | 2019-12-31 | $18,000 | −$118,489 | −86.81% |
| Q2 2020 | 2019-09-30 | $18,000 | −$86,265 | −82.74% |
| Q1 2020 | 2019-06-30 | $22,113 | −$43,132 | −66.11% |
| Q4 2019 | 2019-03-31 | $32,857 | — | — |
| Q3 2019 | 2018-12-31 | $136,489 | $38,902 | +39.86% |
| Q2 2019 | 2018-09-30 | $104,265 | — | — |
| Q1 2019 | 2018-06-30 | $65,245 | — | — |
| Q3 2018 | 2017-12-31 | $97,587 | — | — |
| Q3 2014 | 2014-12-31 | $2,681 | $2,681 | — |
| Q2 2014 | 2014-09-30 | $12,152 | — | — |
| Q3 2013 | 2013-12-31 | $0 | — | — |
Earth Science Tech r&d spending trends
Over the last five fiscal years, Earth Science Tech's r&d spending decreased from $150,451 to $0, a change of −$150,451. The latest reported quarter, Q1 2024, shows $6,817.
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.
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 Earth Science Tech source filings ↗