Genie Energy R&D Spending Growth & History (GNE)

Genie Energy's r&d spending was $207,000 for fiscal 2019.

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Genie Energy annual r&d spending history

Genie Energy annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20192019-12-31$207,000$168,000+430.77%
20182018-12-31$39,000
20162016-12-31$269,000−$1.7M−86.45%
20152015-12-31$2.0M−$3.6M−64.16%
20142014-12-31$5.5M−$1.8M−24.72%
20132013-12-31$7.4M−$2.0M−21.44%
20122012-12-31$9.4M
2011 · Jul 312011-07-31$7.8M$2.6M+50.08%
20102010-07-31$5.2M

Genie Energy r&d spending trends

Over the last five fiscal years, Genie Energy's r&d spending decreased from $5.5M to $207,000, a change of −$5.3M. The latest reported quarter, Q4 2019, shows $55,000.

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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