NextTrip annual r&d spending
2013
2014
2015
2016
2017
2018
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2020
2021
2022
2023
2024
2025
2026
NextTrip R&D Spending Growth & History (NTRP)
NextTrip's r&d spending was $1.0M for fiscal 2026.
View full NextTrip company overviewNextTrip annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | $1.0M | $204,664 | +24.27% |
| 2025 | 2025-02-28 | $843,296 | $531,866 | +170.78% |
| 2024 | 2024-02-29 | $311,430 | −$239,988 | −43.52% |
| 2023 | 2023-02-28 | $551,418 | — | — |
| 2022 | 2022-12-31 | $404,720 | −$13,024 | −3.12% |
| 2021 | 2021-12-31 | $417,744 | $291,452 | +230.78% |
| 2020 | 2020-12-31 | $126,292 | −$521,702 | −80.51% |
| 2019 | 2019-12-31 | $647,994 | $154,584 | +31.33% |
| 2018 | 2018-12-31 | $493,410 | $191,367 | +63.36% |
| 2017 | 2017-12-31 | $302,043 | $181,405 | +150.37% |
| 2016 | 2016-12-31 | $120,638 | −$209,916 | −63.50% |
| 2015 | 2015-12-31 | $330,554 | $111,422 | +50.85% |
| 2014 | 2014-12-31 | $219,132 | $204,857 | +1435.08% |
| 2013 | 2013-12-31 | $14,275 | — | — |
NextTrip quarterly r&d spending
Q3.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q2.24
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 · Sep 30 | 2023-09-30 | $245 | −$152,000 | −99.84% |
| Q3 2022 | 2022-09-30 | $152,245 | $20,473 | +15.54% |
| Q2 2022 | 2022-06-30 | $146,885 | −$133,815 | −47.67% |
| Q1 2022 | 2022-03-31 | $143,418 | −$52,922 | −26.95% |
| Q3 2021 | 2021-09-30 | $131,772 | $52,099 | +65.39% |
| Q2 2021 | 2021-06-30 | $280,700 | $169,053 | +151.42% |
| Q1 2021 | 2021-03-31 | $196,340 | $142,651 | +265.70% |
| Q3 2020 | 2020-09-30 | $79,673 | −$132,557 | −62.46% |
| Q2 2020 | 2020-06-30 | $111,647 | −$7,198 | −6.06% |
| Q1 2020 | 2020-03-31 | $53,689 | −$91,583 | −63.04% |
| Q4 2019 | 2019-12-31 | $171,647 | $34,349 | +25.02% |
| Q3 2019 | 2019-09-30 | $212,230 | $73,140 | +52.58% |
| Q2 2019 | 2019-06-30 | $118,845 | $23,800 | +25.04% |
| Q1 2019 | 2019-03-31 | $145,272 | $23,295 | +19.10% |
| Q4 2018 | 2018-12-31 | $137,298 | $90,211 | +191.58% |
| Q3 2018 | 2018-09-30 | $139,090 | $70,547 | +102.92% |
| Q2 2018 | 2018-06-30 | $95,045 | −$36,863 | −27.95% |
| Q1 2018 | 2018-03-31 | $121,977 | $67,472 | +123.79% |
| Q4 2017 | 2017-12-31 | $47,087 | $14,953 | +46.53% |
| Q3 2017 | 2017-09-30 | $68,543 | $31,017 | +82.65% |
| Q2 2017 | 2017-06-30 | $131,908 | $120,001 | +1007.82% |
| Q1 2017 | 2017-03-31 | $54,505 | $15,434 | +39.50% |
| Q4 2016 | 2016-12-31 | $32,134 | −$91,875 | −74.09% |
| Q3 2016 | 2016-09-30 | $37,526 | −$84,991 | −69.37% |
| Q2 2016 | 2016-06-30 | $11,907 | −$1,974 | −14.22% |
| Q1 2016 | 2016-03-31 | $39,071 | −$31,076 | −44.30% |
| Q4 2015 | 2015-12-31 | $124,009 | −$11,428 | −8.44% |
| Q3 2015 | 2015-09-30 | $122,517 | $69,807 | +132.44% |
| Q2 2015 | 2015-06-30 | $13,881 | −$17,104 | −55.20% |
| Q1 2015 | 2015-03-31 | $70,147 | $70,147 | — |
| Q4 2014 | 2014-12-31 | $135,437 | — | — |
| Q3 2014 | 2014-09-30 | $52,710 | $44,185 | +518.30% |
| Q2 2014 | 2014-06-30 | $30,985 | — | — |
| Q1 2014 | 2014-03-31 | $0 | — | — |
| Q3 2013 | 2013-09-30 | $8,525 | — | — |
NextTrip r&d spending trends
Between the periods ended 2013-12-31 and 2026-02-28, NextTrip's r&d spending increased from $14,275 to $1.0M, a change of $1.0M. The latest reported quarter, Q2 2024 · Sep 30, shows $245.
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 NextTrip source filings ↗