Embark Technology (Embark Technology) Research & Development : $74.98 Mil (TTM As of Mar. 2023)

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What is Embark Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Embark Technology's Research & Development for the three months ended in Mar. 2023 was $14.46 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2023 was $74.98 Mil.

Embark Technology Research & Development Historical Data

The historical data trend for Embark Technology'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.

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Embark Technology Research & Development Chart

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Research & Development

18.83

55.28

79.21

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Research & Development	Get a 7-Day Free Trial					18.70	19.04	21.69	19.79	14.46

Embark Technology Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $74.98 Mil.

Embark Technology (NAS:EMBKW) 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.

Embark Technology Research & Development Related Terms

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Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBKW) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.