Lgl Group annual r&d spending
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2021
Lgl Group R&D Spending Growth & History (LGL)
Lgl Group's r&d spending was $2.2M for fiscal 2021.
View full Lgl Group company overviewLgl Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-12-31 | $2.2M | $70,000 | +3.27% |
| 2020 | 2020-12-31 | $2.1M | $138,000 | +6.89% |
| 2019 | 2019-12-31 | $2.0M | $57,000 | +2.93% |
| 2018 | 2018-12-31 | $1.9M | $120,000 | +6.57% |
| 2017 | 2017-12-31 | $1.8M | −$79,000 | −4.14% |
| 2016 | 2016-12-31 | $1.9M | −$58,000 | −2.95% |
| 2015 | 2015-12-31 | $2.0M | −$202,000 | −9.33% |
| 2014 | 2014-12-31 | $2.2M | −$119,000 | −5.21% |
| 2013 | 2013-12-31 | $2.3M | $280,000 | +13.97% |
| 2012 | 2012-12-31 | $2.0M | $127,000 | +6.76% |
| 2011 | 2011-12-31 | $1.9M | — | — |
Lgl Group r&d spending trends
Over the last five fiscal years, Lgl Group's r&d spending increased from $1.9M to $2.2M, a change of $306,000.
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 Lgl Group source filings ↗