Greenpower Motor R&D Spending Growth & History (GP)
Greenpower Motor's r&d spending was $701,369 for fiscal 2026.
View full Greenpower Motor company overviewGreenpower Motor annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $701,369 | −$637,831 | −47.63% |
| 2025 | 2025-03-31 | $1.3M | −$472,272 | −26.07% |
| 2024 | 2024-03-31 | $1.8M | −$278,866 | −13.34% |
| 2023 | 2023-03-31 | $2.1M | $709,237 | +51.35% |
| 2022 | 2022-03-31 | $1.4M | $441,152 | +46.93% |
| 2021 | 2021-03-31 | $939,949 | −$33,197 | −3.41% |
| 2020 | 2020-03-31 | $973,146 | $535,938 | +122.58% |
| 2019 | 2019-03-31 | $437,208 | $185,382 | +73.62% |
| 2018 | 2018-03-31 | $251,826 | — | — |
Greenpower Motor quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $71,356 | −$94,595 | −57.00% |
| Q4 2026 | 2026-03-31 | $162,933 | −$166,865 | −50.60% |
| Q3 2026 | 2025-12-31 | $151,381 | — | — |
| Q2 2026 | 2025-09-30 | $221,104 | −$180,722 | −44.98% |
| Q1 2026 | 2025-06-30 | $165,951 | −$61,332 | −26.98% |
| Q4 2025 | 2025-03-31 | $329,798 | — | — |
| Q2 2025 | 2024-09-30 | $401,826 | $79,626 | +24.71% |
| Q1 2025 | 2024-06-30 | $227,283 | −$585,616 | −72.04% |
| Q2 2024 | 2023-09-30 | $322,200 | — | — |
| Q1 2024 | 2023-06-30 | $812,899 | — | — |
Greenpower Motor r&d spending trends
Over the last five fiscal years, Greenpower Motor's r&d spending decreased from $939,949 to $701,369, a change of −$238,580. The latest reported quarter, Q1 2027, shows $71,356.
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.
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