VNWTF (Vecima Networks) Research & Development: $36.5 Mil (TTM As of Mar. 2026)


VNWTF Vecima Networks Inc VNWTF
72 GF Score
Price $9.02
GF Value $11.26
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Vecima Networks Research & Development?

Vecima Networks VNWTF 72 Research & Development is $36.5 Mil as of Mar. 2026. GuruFocus rates VNWTF with a GF Score™ of 72/100 and a GF Value™ of $11.26 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Vecima Networks's Research & Development for the three months ended in Mar. 2026 was $9.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $36.5 Mil.

Vecima Networks  (OTCPK:VNWTF) 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.

Vecima Networks Research & Development Related Terms

Vecima Networks Research & Development Historical Data

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The historical data trend for Vecima Networks'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.

Vecima Networks Research & Development Chart

Vecima Networks Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.48 28.55 34.59 32.23 33.95

Vecima Networks 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 8.01 8.30 8.77 9.55 9.84
VNWTF
72GF Score
Vecima Networks Inc VNWTF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Vecima Networks 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 $36.5 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 $36.5 Mil mean?
Vecima Networks (VNWTF) has a Research & Development of $36.5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Vecima Networks and its competitors.
Is Vecima Networks' Research & Development too high?
Vecima Networks' current Research & Development is $36.5 Mil. Overall, Vecima Networks has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vecima Networks' Research & Development compare to CSCO and CIEN?
Vecima Networks' Research & Development of $36.5 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 Vecima Networks and its competitors. Vecima Networks's current Research & Development is $36.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vecima Networks stock overvalued right now?
Based on GuruFocus' analysis, Vecima Networks (VNWTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.26, compared to a current price of $9.02 — trading 19.9% below its estimated fair value. The current Research & Development is $36.5 Mil. Vecima Networks' overall GF Score™ is 72/100 with 9 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 Vecima Networks (VNWTF), the current Research & Development is $36.5 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 Vecima Networks (VNWTF) Overvalued in 2026?

Based on GuruFocus' analysis, Vecima Networks stock appears to be undervalued. The current stock price of $9.02 is trading 19.9% below its estimated GF Value™ of $11.26. GuruFocus considers Vecima Networks to be Modestly Undervalued.

Key valuation signals for VNWTF:

  • Research & Development: $36.5 Mil
  • GF Value™: $11.26 vs. price of $9.02 (19.9% below fair value)
  • GF Score™: 72/100 with 9 warning signs

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

Vecima Networks Business Description

Other Exchanges VCM:Canada
Address 201-771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc is a Canadian company that develops integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three business segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The majority revenue generation segment, Video and Broadband Solutions segment, provides platforms that support broadband and video services over cable and fiber networks. The Content Delivery and Storage segment offers software and solutions for storing, transforming, and delivering video content. The Telematics segment provides fleet management and asset tracking solutions for mobile and fixed assets. The company has operations with offices and manufacturing facilities in several countries.
72GF Score

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

$9.02
Price
$11.26
GF Value