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This is the expense the company spent on research and development. Red Hat Inc's research and development for the three months ended in Feb. 2016 was $108 Mil. Its research and development for the trailing twelve months (TTM) ended in Feb. 2016 was $413 Mil.
This is the expense the company spent on research and development.
Red Hat Inc Research & Development for the trailing twelve months (TTM) ended in Feb. 2016 was 97.431 (May. 2015 ) + 102.488 (Aug. 2015 ) + 104.906 (Nov. 2015 ) + 108.498 (Feb. 2016 ) = $413 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.
Red Hat Inc Annual Data
|Research & Development||71||97||130||148||171||209||263||317||368||413|
Red Hat Inc Quarterly Data
|Research & Development||83||83||90||95||91||92||97||102||105||108|