Genie Energy R&D Spending Growth & History (GNE)
Genie Energy's r&d spending was $207,000 for fiscal 2019.
View full Genie Energy company overviewGenie Energy annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2019 | 2019-12-31 | $207,000 | $168,000 | +430.77% |
| 2018 | 2018-12-31 | $39,000 | — | — |
| 2016 | 2016-12-31 | $269,000 | −$1.7M | −86.45% |
| 2015 | 2015-12-31 | $2.0M | −$3.6M | −64.16% |
| 2014 | 2014-12-31 | $5.5M | −$1.8M | −24.72% |
| 2013 | 2013-12-31 | $7.4M | −$2.0M | −21.44% |
| 2012 | 2012-12-31 | $9.4M | — | — |
| 2011 · Jul 31 | 2011-07-31 | $7.8M | $2.6M | +50.08% |
| 2010 | 2010-07-31 | $5.2M | — | — |
Genie Energy quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2019 | 2019-12-31 | $55,000 | — | — |
| Q3 2019 | 2019-09-30 | $44,000 | — | — |
| Q2 2019 | 2019-06-30 | $59,000 | — | — |
| Q1 2019 | 2019-03-31 | $49,000 | — | — |
| Q4 2016 | 2016-12-31 | $59,000 | −$264,000 | −81.73% |
| Q3 2016 | 2016-09-30 | $0 | −$406,000 | — |
| Q2 2016 | 2016-06-30 | $83,000 | −$470,000 | −84.99% |
| Q1 2016 | 2016-03-31 | $127,000 | −$576,000 | −81.93% |
| Q4 2015 | 2015-12-31 | $323,000 | −$1.2M | −78.55% |
| Q3 2015 | 2015-09-30 | $406,000 | −$1.1M | −72.77% |
| Q2 2015 | 2015-06-30 | $553,000 | −$801,000 | −59.16% |
| Q1 2015 | 2015-03-31 | $703,000 | −$484,000 | −40.78% |
| Q4 2014 | 2014-12-31 | $1.5M | — | — |
| Q3 2014 | 2014-09-30 | $1.5M | −$1.2M | −43.80% |
| Q2 2014 | 2014-06-30 | $1.4M | −$1.2M | −47.76% |
| Q1 2014 | 2014-03-31 | $1.2M | −$1.3M | −52.29% |
| Q3 2013 | 2013-09-30 | $2.7M | $389,000 | +17.18% |
| Q2 2013 | 2013-06-30 | $2.6M | −$192,000 | −6.90% |
| Q1 2013 | 2013-03-31 | $2.5M | $395,000 | +18.87% |
| Q4 2012 | 2012-12-31 | $2.2M | — | — |
| Q3 2012 | 2012-09-30 | $2.3M | $661,000 | +41.24% |
| Q2 2012 | 2012-06-30 | $2.8M | $951,000 | +51.88% |
| Q1 2012 · Mar 31 | 2012-03-31 | $2.1M | −$207,000 | −9.00% |
| Q1 2012 · Oct 31 | 2011-10-31 | $1.5M | −$193,000 | −11.25% |
| Q1 2012 · Sep 30 | 2011-09-30 | $1.6M | — | — |
| Q2 2011 | 2011-06-30 | $1.8M | — | — |
| Q3 2011 | 2011-03-31 | $2.3M | — | — |
| Q1 2011 | 2010-10-31 | $1.7M | — | — |
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.
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 Genie Energy source filings ↗