Magic Software Enterprises annual r&d spending
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Magic Software Enterprises R&D Spending Growth & History (RMTHF)
Magic Software Enterprises's r&d spending was $13.3M for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $13.3M | $3.0M | +28.87% |
| 2023 | 2023-12-31 | $10.3M | $238,000 | +2.36% |
| 2022 | 2022-12-31 | $10.1M | $1.1M | +12.17% |
| 2021 | 2021-12-31 | $9.0M | $206,000 | +2.34% |
| 2020 | 2020-12-31 | $8.8M | $550,000 | +6.68% |
| 2019 | 2019-12-31 | $8.2M | $2.5M | +44.65% |
| 2018 | 2018-12-31 | $5.7M | −$1.2M | −17.95% |
| 2017 | 2017-12-31 | $6.9M | $1.1M | +18.89% |
| 2016 | 2016-12-31 | $5.8M | $951,000 | +19.46% |
| 2015 | 2015-12-31 | $4.9M | $138,000 | +2.91% |
| 2014 | 2014-12-31 | $4.8M | $0 | 0.00% |
| 2013 | 2013-12-31 | $4.8M | $1.8M | +61.18% |
| 2012 | 2012-12-31 | $2.9M | $900,000 | +43.97% |
| 2011 | 2011-12-31 | $2.0M | −$25,000 | −1.21% |
| 2010 | 2010-12-31 | $2.1M | $762,000 | +58.17% |
| 2009 | 2009-12-31 | $1.3M | — | — |
Magic Software Enterprises r&d spending trends
Over the last five fiscal years, Magic Software Enterprises's r&d spending increased from $8.2M to $13.3M, a change of $5.1M.
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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