Erayak Power Solution Group annual r&d spending
2020
2021
2022
2023
2024
2025
Erayak Power Solution Group R&D Spending Growth & History (RAYA)
Erayak Power Solution Group's r&d spending was $1.6M for fiscal 2025.
View full Erayak Power Solution Group company overviewErayak Power Solution Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.6M | −$62,358 | −3.73% |
| 2024 | 2024-12-31 | $1.7M | $493,726 | +41.95% |
| 2023 | 2023-12-31 | $1.2M | $244,675 | +26.25% |
| 2022 | 2022-12-31 | $932,268 | −$54,617 | −5.53% |
| 2021 | 2021-12-31 | $986,885 | $381,770 | +63.09% |
| 2020 | 2020-12-31 | $605,115 | — | — |
Erayak Power Solution Group r&d spending trends
Over the last five fiscal years, Erayak Power Solution Group's r&d spending increased from $605,115 to $1.6M, a change of $1.0M.
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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