TRCK (Track Group) Research & Development: $2.77 Mil (TTM As of Mar. 2026)


TRCK Track Group Inc TRCK
22 GF Score
Price $0.81
GF Value $0.27
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Track Group Research & Development?

Track Group TRCK 22 Research & Development is $2.77 Mil as of Mar. 2026. GuruFocus rates TRCK with a GF Score™ of 22/100 and a GF Value™ of $0.27 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Track Group's Research & Development for the three months ended in Mar. 2026 was $0.70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $2.77 Mil.

Track Group  (OTCPK:TRCK) 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.

Track Group Research & Development Related Terms

Track Group Research & Development Historical Data

* Premium members only.

The historical data trend for Track 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.

Track Group Research & Development Chart

Track Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.43 2.74 2.75 2.80

Track Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.75 0.68 0.70 0.69 0.70
TRCK
22GF Score
Track Group Inc TRCK
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Track 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.77 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 $2.77 Mil mean?
Track Group (TRCK) has a Research & Development of $2.77 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Track Group and its competitors.
Is Track Group's Research & Development too high?
Track Group's current Research & Development is $2.77 Mil. Overall, Track Group has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Research & Development compare to ELSE and AATC?
Track Group's Research & Development of $2.77 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Track Group and its competitors. Track Group's current Research & Development is $2.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.81 — trading 201.5% above its estimated fair value. The current Research & Development is $2.77 Mil. Track Group's overall GF Score™ is 22/100 with 8 warning signs to review. 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 Track Group (TRCK), the current Research & Development is $2.77 Mil as of Mar. 2026. 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.

Is Track Group (TRCK) Overvalued in 2026?

Based on GuruFocus' analysis, Track Group stock appears to be overvalued. The current stock price of $0.81 is trading 201.5% above its estimated GF Value™ of $0.27. GuruFocus considers Track Group to be Significantly Overvalued.

Key valuation signals for TRCK:

  • Research & Development: $2.77 Mil
  • GF Value™: $0.27 vs. price of $0.81 (201.5% above fair value)
  • GF Score™: 22/100 with 8 warning signs

No single metric tells the full story. See the TRCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Track Group Business Description

Other Exchanges G7F2:Germany
Address 200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
22GF Score

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

$0.81
Price
$0.27
GF Value