Procyon R&D Spending Growth & History (PCYN)

Procyon's r&d spending was $30,100 for fiscal 2024.

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Procyon annual r&d spending history

Procyon annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20242024-06-30$30,100−$500−1.63%
20232023-06-30$30,600$600+2.00%
20222022-06-30$30,000−$900−2.91%
20212021-06-30$30,900$7,807+33.81%
20202020-06-30$23,093−$10,047−30.32%
20192019-06-30$33,140−$8,607−20.62%
20182018-06-30$41,747$10,449+33.39%
20172017-06-30$31,298$11,258+56.18%
20162016-06-30$20,040−$2,785−12.20%
20152015-06-30$22,825$1,648+7.78%
20142014-06-30$21,177$19,006+875.45%
20132013-06-30$2,171$1,971+985.50%
20122012-06-30$200

Procyon r&d spending trends

Over the last five fiscal years, Procyon's r&d spending decreased from $33,140 to $30,100, a change of −$3,040. The latest reported quarter, Q3 2017, shows $0.

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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