PRST (Presto Automation) Research & Development: $18.88 Mil (TTM As of Mar. 2024)


What is Presto Automation Research & Development?

Presto Automation PRST -99.00% Research & Development is $18.88 Mil as of Mar. 2024.

Research & Development is the aggregate amount of research and development expenses during the year. Presto Automation's Research & Development for the three months ended in Mar. 2024 was $2.66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $18.88 Mil.

Presto Automation  (OTCPK:PRST) 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.

Presto Automation Research & Development Related Terms

Presto Automation Research & Development Historical Data

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The historical data trend for Presto Automation'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.

Presto Automation Research & Development Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Research & Development
18.75 14.99 16.78 21.31

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.50 4.43 4.48 7.30 2.66

Presto Automation 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.88 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 $18.88 Mil mean?
Presto Automation (PRST) has a Research & Development of $18.88 Mil as of Mar. 2024. Research and development expense is the total cost for research and development activities. View historical data on Presto Automation and its competitors.
Is Presto Automation's Research & Development too high?
Presto Automation's current Research & Development is $18.88 Mil.
How does Presto Automation's Research & Development compare to BOMO and CRM?
Presto Automation's Research & Development of $18.88 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Presto Automation and its competitors. Presto Automation's current Research & Development is $18.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Research & Development of $18.88 Mil. The current Research & Development is $18.88 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 Presto Automation (PRST), the current Research & Development is $18.88 Mil as of Mar. 2024. 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.