HYREQ (HyreCar) Research & Development: $5.32 Mil (TTM As of Sep. 2022)


HYREQ HyreCar Inc HYREQ
12 GF Score
Price $0.00
View Full Analysis

What is HyreCar Research & Development?

HyreCar HYREQ -90.00% 12 Research & Development is $5.32 Mil as of Sep. 2022. GuruFocus rates HYREQ with a GF Score™ of 12/100.

Research & Development is the aggregate amount of research and development expenses during the year. HyreCar's Research & Development for the three months ended in Sep. 2022 was $1.21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2022 was $5.32 Mil.

HyreCar  (OTCPK:HYREQ) 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.

HyreCar Research & Development Related Terms

HyreCar Research & Development Historical Data

* Premium members only.

The historical data trend for HyreCar'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.

HyreCar Research & Development Chart

HyreCar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Research & Development
Get a 7-Day Free Trial 0.69 1.42 2.50 3.05 5.79

HyreCar Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.95 1.24 1.50 1.37 1.21
HYREQ
12GF Score
HyreCar Inc HYREQ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HyreCar 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.32 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 $5.32 Mil mean?
HyreCar (HYREQ) has a Research & Development of $5.32 Mil as of Sep. 2022. Research and development expense is the total cost for research and development activities. View historical data on HyreCar and its competitors.
Is HyreCar's Research & Development too high?
HyreCar's current Research & Development is $5.32 Mil. Overall, HyreCar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HyreCar's Research & Development compare to MTMT and FPAY?
HyreCar's Research & Development of $5.32 Mil can be compared against companies in the Business Services 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 a Business Services company?
A good Research & Development depends on the Business Services 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 HyreCar and its competitors. HyreCar's current Research & Development is $5.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HyreCar stock overvalued right now?
HyreCar (HYREQ) has a current Research & Development of $5.32 Mil. The current Research & Development is $5.32 Mil. HyreCar's overall GF Score™ is 12/100. 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 HyreCar (HYREQ), the current Research & Development is $5.32 Mil as of Sep. 2022. 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.

HyreCar Business Description

Address 915 Wilshire Boulevard, Suite 1950, Los Angeles, CA, USA, 90017
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations. It operates in a single segment, which is Rental.
12GF Score

Get the complete analysis for HYREQ

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price