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This is the expense the company spent on research and development. First Solar Inc's research and development for the three months ended in Sep. 2014 was $38 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $147 Mil.
This is the expense the company spent on research and development.
First Solar Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 38.421 (Dec. 2013 ) + 38.773 (Mar. 2014 ) + 32.659 (Jun. 2014 ) + 37.593 (Sep. 2014 ) = $147 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.
First Solar Inc Annual Data
|Research & Development||1||2||6||15||34||78||95||141||132||134|
First Solar Inc Quarterly Data
|Research & Development||32||32||32||30||31||35||38||39||33||38|