Mgp Ingredients annual r&d spending
2011
2012
2013
2014
2015
2016
Mgp Ingredients R&D Spending Growth & History (MGPI)
Mgp Ingredients's r&d spending was $916,000 for fiscal 2016.
View full Mgp Ingredients company overviewMgp Ingredients annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2016 | 2016-12-31 | $916,000 | $168,000 | +22.46% |
| 2015 | 2015-12-31 | $748,000 | −$874,000 | −53.88% |
| 2014 | 2014-12-31 | $1.6M | −$850,000 | −34.39% |
| 2013 | 2013-12-31 | $2.5M | $128,000 | +5.46% |
| 2012 | 2012-12-31 | $2.3M | — | — |
| 2011 · Jun 30 | 2011-06-30 | $1.4M | — | — |
Mgp Ingredients r&d spending trends
Between the periods ended 2011-06-30 and 2016-12-31, Mgp Ingredients's r&d spending decreased from $1.4M to $916,000, a change of −$515,000.
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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