National Grid annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
National Grid R&D Spending Growth & History (NG.)
National Grid's r&d spending was £43.0M for fiscal 2025.
View full National Grid company overviewNational Grid annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-03-31 | £43.0M | £11.0M | +34.38% |
| 2024 | 2024-03-31 | £32.0M | £9.0M | +39.13% |
| 2023 | 2023-03-31 | £23.0M | £12.0M | +109.09% |
| 2022 | 2022-03-31 | £11.0M | −£1.0M | −8.33% |
| 2021 | 2021-03-31 | £12.0M | £3.0M | +33.33% |
| 2020 | 2020-03-31 | £9.0M | −£10.0M | −52.63% |
| 2019 | 2019-03-31 | £19.0M | £6.0M | +46.15% |
| 2018 | 2018-03-31 | £13.0M | −£1.0M | −7.14% |
| 2017 | 2017-03-31 | £14.0M | −£5.0M | −26.32% |
| 2016 | 2016-03-31 | £19.0M | — | — |
National Grid r&d spending trends
Over the last five fiscal years, National Grid's r&d spending increased from £9.0M to £43.0M, a change of £34.0M.
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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