EXROF (Exro Technologies) Research & Development: $3.58 Mil (TTM As of Jun. 2025)

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What is Exro Technologies Research & Development?

Exro Technologies EXROF -99.00% Research & Development is $3.58 Mil as of Jun. 2025.

Research & Development is the aggregate amount of research and development expenses during the year. Exro Technologies's Research & Development for the three months ended in Jun. 2025 was $0.84 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2025 was $3.58 Mil.

Exro Technologies  (OTCPK:EXROF) 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.

Exro Technologies Research & Development Related Terms

Exro Technologies Research & Development Historical Data

* Premium members only.

The historical data trend for Exro Technologies'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.

Exro Technologies Research & Development Chart

Exro Technologies Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only 1.77 5.79 6.45 8.79 6.26

Exro Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Research & Development Get a 7-Day Free Trial 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 2.01 0.94 0.90 0.90 0.84

Exro Technologies Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.58 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $3.58 Mil mean?
Exro Technologies (EXROF) has a Research & Development of $3.58 Mil as of Jun. 2025. Research and development expense is the total cost for research and development activities. View historical data on Exro Technologies and its competitors.
Is Exro Technologies' Research & Development too high?
Exro Technologies' current Research & Development is $3.58 Mil.
How does Exro Technologies' Research & Development compare to CHMX and VRT?
Exro Technologies' Research & Development of $3.58 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Exro Technologies and its competitors. Exro Technologies's current Research & Development is $3.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exro Technologies stock overvalued right now?
Exro Technologies (EXROF) has a current Research & Development of $3.58 Mil. The current Research & Development is $3.58 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Exro Technologies (EXROF), the current Research & Development is $3.58 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Exro Technologies Business Description

Address 12 - 21 Highfield Circle SW, Calgary, AB, CAN, T2G 5N6
Exro Technologies Inc is a Canadian-based clean technology company that has developed new-generation power control electronics with a suite of solutions, including Coil Driver, Cell Driver and SEA Drive that expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. The company is working towards commercialization and series production of its patented Coil Driver technology while concurrently generating revenue from the sale of SEA Drive.