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Garmin Ltd (NAS:GRMN)
Research and Development
$423 Mil (TTM As of Sep. 2015)

This is the expense the company spent on research and development. Garmin Ltd's research and development for the three months ended in Sep. 2015 was $106 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $423 Mil.


Definition

This is the expense the company spent on research and development.

Garmin Ltd Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 101.554 (Dec. 2014 ) + 106.002 (Mar. 2015 ) + 109.24 (Jun. 2015 ) + 105.789 (Sep. 2015 ) = $423 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Garmin Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 75113159206238277299326365395

Garmin Ltd Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
Research & Development 968893969899102106109106
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