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This is the expense the company spent on research and development. International Game Technology PLC's research and development for the three months ended in Mar. 2016 was $85 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $339 Mil.
This is the expense the company spent on research and development.
International Game Technology PLC Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 83.933 (Jun. 2015 ) + 85.864 (Sep. 2015 ) + 84.552 (Dec. 2015 ) + 84.707 (Mar. 2016 ) = $339 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
International Game Technology PLC Annual Data
|Research & Development||0||0||0||0||0||0||0||105||108||277|
International Game Technology PLC Quarterly Data
|Research & Development||0||0||25||30||27||22||84||86||85||85|