Apogee Enterprises, Inc. R&D Expenses

R&D Expenses of APOG for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.

Highlights and Quick Summary

  • Annual R&D Expenses for 2021 was $15 Million (a -11.76% decrease from previous year)
  • Annual R&D Expenses for 2020 was $17 Million (a -15.0% decrease from previous year)
  • Annual R&D Expenses for 2019 was $20 Million (a 42.86% increase from previous year)
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Historical R&D Expenses of Apogee Enterprises, Inc.

Most recent R&D Expensesof APOG including historical data for past 10 years.

Interactive Chart of R&D Expenses of Apogee Enterprises, Inc.

Apogee Enterprises, Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $15.0
2020 $17.0
2019 $20.0
2018 $14.0
2017 $9.0

Business Profile of Apogee Enterprises, Inc.

Sector: Industrials
Industry: Building Products & Equipment
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window; curtain wall; storefront; and entrance systems, such as the outside skin and entrances of commercial, institutional, and multi-family residential buildings. The Architectural Glass segment fabricates coated and high-performance glass used in customized window and wall systems, including the outside skin of commercial, institutional, and multi-family residential buildings. The Architectural Services segment offers full-service installation of the walls of glass, windows, and other curtain wall products making up the outside skin of commercial and institutional buildings. The LSO segment manufactures value-added glass and acrylic products for framing and display applications. The company's products and services are primarily used in commercial buildings, such as office buildings, hotels, and retail centers; and institutional buildings comprising education facilities, health care facilities, and government buildings, as well as multi-family residential buildings. It markets its architectural products and services through direct sales force, independent sales representatives, and distributors to glazing subcontractors and general contractors; and value-added glass and acrylics through retail chains, picture-framing shops, and independent distributors to museums, galleries, and other organizations. The company was incorporated in 1949 and is based in Minneapolis, Minnesota.