VOLVF (Volvo AB) Research & Development : $2,939 Mil (TTM As of Dec. 2024)

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What is Volvo AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Volvo AB's Research & Development for the three months ended in Dec. 2024 was $746 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $2,939 Mil.

Volvo AB Research & Development Historical Data

The historical data trend for Volvo AB'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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Volvo AB Research & Development Chart

Volvo AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Research & Development

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2,008.59

1,983.26

2,170.55

2,597.59

2,818.12

Volvo AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Research & Development	Get a 7-Day Free Trial															685.25	704.24	783.45	705.15	746.11

Volvo AB Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,939 Mil.

Volvo AB (OTCPK:VOLVF) 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.

Volvo AB Research & Development Related Terms

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Volvo AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Volvo AB (OTCPK:VOLVF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

VOLAF:USA VLVLY:USA VOLV B:Sweden VOLV A:Sweden 1VOLVB:Italy VOLVBs:UK VOLVAs:UK 0MHW:UK 0HTP:UK VOL1:Germany

Address

Gropegardsgatan 2, Gothenburg, SWE, SE-417 15

Website

https://www.volvogroup.com

Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services that increase the customers' uptime and productivity. Its segments are Trucks, Construction Equipment, Buses, Volvo Penta, Financial Services, and Group Functions & Other. A majority of its revenue is generated from the Trucks segment, which is engaged in the manufacturing and selling of trucks under several brands, including Volvo, Renault, and others. This segment also comprises the activities of Volvo Autonomous Solutions, Volvo Energy, VE Commercial Vehicles, Dongfeng Commercial Vehicles, Cellcentric, Milence, Flexis, and Cespira. Geographically, it derives maximum revenue from the USA.