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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 Mar. 2016 was $21.9 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $81.1 Mil.
This is the expense the company spent on research and development.
MercadoLibre Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 19.639 (Jun. 2015 ) + 17.042 (Sep. 2015 ) + 22.496 (Dec. 2015 ) + 21.941 (Mar. 2016 ) = $81.1 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||3.1||4.4||7.3||12.1||15.9||23.4||28.6||40.9||53.6||76.4|
MercadoLibre Inc Quarterly Data
|Research & Development||9.7||12.3||11.7||13.6||16.0||17.2||19.6||17.0||22.5||21.9|