Shockwave Medical (STU:36M) Research & Development : €150.7 Mil (TTM As of Mar. 2024)

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What is Shockwave Medical Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shockwave Medical's Research & Development for the three months ended in Mar. 2024 was €40.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €150.7 Mil.

Shockwave Medical Research & Development Historical Data

The historical data trend for Shockwave Medical'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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Shockwave Medical Research & Development Chart

Shockwave Medical Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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29.57

30.35

44.73

77.11

133.56

Shockwave Medical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															25.19	33.99	37.04	38.81	40.91

Shockwave Medical 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 €150.7 Mil.

Shockwave Medical (STU:36M) 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.

Shockwave Medical Research & Development Related Terms

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Shockwave Medical (STU:36M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shockwave Medical Inc (STU:36M) » Definitions » Research & Development

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SWAV:USA 36M:Germany

Address

5403 Betsy Ross Drive, Santa Clara, CA, USA, 95054

Website

https://www.shockwavemedical.com

ShockWave Medical Inc is a medical device company focused on developing and commercializing products intended to transform the way calcified cardiovascular disease is treated. Its intravascular lithotripsy technology is used in the treatment of calcified plaque. Geographically, the company generates its revenue from the United States, Europe and other countries.

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