Golar LNG Limited R&D Expenses

R&D Expenses of GLNG 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

  • R&D Expenses for the quarter ending March 30, 2021 was $1.63 Million (a -41.41% decrease compared to previous quarter)
  • Year-over-year quarterly R&D Expenses increased by 30.85%
  • Annual R&D Expenses for 2020 was $8.89 Million (a 78.18% increase from previous year)
  • Annual R&D Expenses for 2019 was $4.99 Million (a -76.99% decrease from previous year)
  • Twelve month R&D Expenses ending March 30, 2021 was $6.84 Million (a -23.12% decrease compared to previous quarter)
  • Twelve month trailing R&D Expenses decreased by -14.24% year-over-year
Trailing R&D Expenses for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$6.84 Million $8.89 Million $9.14 Million $7.97 Million
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Historical R&D Expenses of Golar LNG Limited

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

Interactive Chart of R&D Expenses of Golar LNG Limited

Golar LNG Limited 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 $1.63
2020 $2.79 $1.17 $1.25 $3.69 $8.89
2019 $3.03 $4.99
2018 $21.69
2011 $0.0
2010 $0.0 $0.0

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG. It operates through Shipping, FLNG, and Power segments. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of April 16, 2021, it operated ten LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.