XChange TEC.INC annual r&d spending
2019
2020
2021
2022
2023
2024
XChange TEC.INC R&D Spending Growth & History (XHG)
XChange TEC.INC's r&d spending was $3,000 for fiscal 2024.
View full XChange TEC.INC company overviewXChange TEC.INC annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-09-30 | $3,000 | −$3,000 | −50.00% |
| 2023 | 2023-09-30 | $6,000 | −$387,000 | −98.47% |
| 2022 | 2022-09-30 | $393,000 | −$813,000 | −67.41% |
| 2021 | 2021-09-30 | $1.2M | −$2.5M | −67.16% |
| 2020 | 2020-09-30 | $3.7M | −$2.9M | −44.19% |
| 2019 | 2019-09-30 | $6.6M | — | — |
XChange TEC.INC r&d spending trends
Over the last five fiscal years, XChange TEC.INC's r&d spending decreased from $6.6M to $3,000, a change of −$6.6M.
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.
Review XChange TEC.INC source filings ↗