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This is the expense the company spent on research and development. Veeco Instruments Inc's research and development for the three months ended in Dec. 2015 was $20.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $78.5 Mil.
This is the expense the company spent on research and development.
Veeco Instruments Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 18.585 (Mar. 2015 ) + 20.119 (Jun. 2015 ) + 19.2 (Sep. 2015 ) + 20.639 (Dec. 2015 ) = $78.5 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.
Veeco Instruments Inc Annual Data
|Research & Development||61.9||61.2||60.4||57.4||71.4||96.6||95.2||81.4||81.2||78.5|
Veeco Instruments Inc Quarterly Data
|Research & Development||19.0||20.8||19.8||21.0||20.0||20.4||18.6||20.1||19.2||20.6|