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This is the expense the company spent on research and development. Ellie Mae Inc's research and development for the three months ended in Dec. 2015 was $11.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $40.5 Mil.
This is the expense the company spent on research and development.
Ellie Mae Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 8.297 (Mar. 2015 ) + 9.282 (Jun. 2015 ) + 11.138 (Sep. 2015 ) + 11.734 (Dec. 2015 ) = $40.5 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Ellie Mae Inc Annual Data
|Research & Development||0.0||0.0||6.9||7.9||10.5||13.0||18.1||24.7||28.2||40.5|
Ellie Mae Inc Quarterly Data
|Research & Development||6.0||6.8||6.1||6.5||8.9||8.3||9.3||11.1||11.7||12.5|