Petros Pharmaceuticals R&D Spending Growth & History (PTPI)

Petros Pharmaceuticals's r&d spending was $2.6M for fiscal 2024.

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Petros Pharmaceuticals annual r&d spending history

Petros Pharmaceuticals annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20242024-12-31$2.6M$205,956+8.55%
20232023-12-31$2.4M$668,814+38.43%
20222022-12-31$1.7M−$48,211−2.70%
20212021-12-31$1.8M$1.3M+289.11%
20202020-12-31$459,636

Petros Pharmaceuticals r&d spending trends

Between the periods ended 2020-12-31 and 2024-12-31, Petros Pharmaceuticals's r&d spending increased from $459,636 to $2.6M, a change of $2.2M. The latest reported quarter, Q4 2024, shows $101,944.

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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