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This is the expense the company spent on research and development. Mercadolibre Inc's research and development for the three months ended in Jun. 2015 was $19.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $66.5 Mil.
This is the expense the company spent on research and development.
Mercadolibre Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 13.574 (Sep. 2014 ) + 16.027 (Dec. 2014 ) + 17.245 (Mar. 2015 ) + 19.639 (Jun. 2015 ) = $66.5 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.
Mercadolibre Inc Annual Data
|Research & Development||2.2||3.1||4.4||7.3||12.1||15.9||23.4||28.6||40.9||53.6|
Mercadolibre Inc Quarterly Data
|Research & Development||9.4||9.8||12.1||9.7||12.3||11.7||13.6||16.0||17.2||19.6|