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Workhorse Group (MEX:WKHS) Research & Development : MXN249.4 Mil (TTM As of Sep. 2024)


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What is Workhorse Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Workhorse Group's Research & Development for the three months ended in Sep. 2024 was MXN45.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was MXN249.4 Mil.

Workhorse Group Research & Development Historical Data

The historical data trend for Workhorse 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.

Workhorse Group Research & Development Chart

Workhorse Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.63 181.99 238.17 452.58 415.33

Workhorse Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 100.54 108.84 58.55 36.51 45.54

Workhorse 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN249.4 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.

Workhorse Group  (MEX:WKHS) 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.

Workhorse Group Research & Development Related Terms

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Workhorse Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (MEX:WKHS) » Definitions » Research & Development
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Traded in Other Exchanges
WKHS:USA 0A3U:UK
Address
3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241
Website
https://www.workhorse.com
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.