Procyon R&D Spending Growth & History (PCYN)
Procyon's r&d spending was $30,100 for fiscal 2024.
View full Procyon company overviewProcyon annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-06-30 | $30,100 | −$500 | −1.63% |
| 2023 | 2023-06-30 | $30,600 | $600 | +2.00% |
| 2022 | 2022-06-30 | $30,000 | −$900 | −2.91% |
| 2021 | 2021-06-30 | $30,900 | $7,807 | +33.81% |
| 2020 | 2020-06-30 | $23,093 | −$10,047 | −30.32% |
| 2019 | 2019-06-30 | $33,140 | −$8,607 | −20.62% |
| 2018 | 2018-06-30 | $41,747 | $10,449 | +33.39% |
| 2017 | 2017-06-30 | $31,298 | $11,258 | +56.18% |
| 2016 | 2016-06-30 | $20,040 | −$2,785 | −12.20% |
| 2015 | 2015-06-30 | $22,825 | $1,648 | +7.78% |
| 2014 | 2014-06-30 | $21,177 | $19,006 | +875.45% |
| 2013 | 2013-06-30 | $2,171 | $1,971 | +985.50% |
| 2012 | 2012-06-30 | $200 | — | — |
Procyon quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2017 | 2017-03-31 | $0 | −$2,366 | — |
| Q2 2017 | 2016-12-31 | $202,776 | $192,503 | +1873.87% |
| Q1 2017 | 2016-09-30 | $3,197 | $0 | 0.00% |
| Q4 2016 | 2016-06-30 | $4,204 | — | — |
| Q3 2016 | 2016-03-31 | $2,366 | −$40,503 | −94.48% |
| Q2 2016 | 2015-12-31 | $10,273 | — | — |
| Q1 2016 | 2015-09-30 | $3,197 | — | — |
| Q3 2015 | 2015-03-31 | $42,869 | — | — |
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.
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.
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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