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17 Education & Technology Group (17 Education & Technology Group) Research & Development

: $25.29 Mil (TTM As of Sep. 2023)
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Research & Development is the aggregate amount of research and development expenses during the year. 17 Education & Technology Group's Research & Development for the three months ended in Sep. 2023 was $6.29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $25.29 Mil.


17 Education & Technology Group Research & Development Historical Data

The historical data trend for 17 Education & Technology Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

17 Education & Technology Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
57.91 70.04 94.01 125.63 33.83

17 Education & Technology Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.25 7.43 6.43 5.14 6.29

17 Education & Technology Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


17 Education & Technology Group  (NAS:YQ) Research & Development Explanation

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.


17 Education & Technology Group Research & Development Related Terms

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17 Education & Technology Group (17 Education & Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102
17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.

17 Education & Technology Group (17 Education & Technology Group) Headlines

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