KWESST Micro Systems Inc. R&D Expenses

R&D Expenses of KWE 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 June 30, 2023 was $344 Thousand (a 52.37% increase compared to previous quarter)
  • Year-over-year quarterly R&D Expenses increased by 3.69%
  • Annual R&D Expenses for 2022 was $1.45 Million (a -12.47% decrease from previous year)
  • Annual R&D Expenses for 2021 was $1.66 Million (a 176.93% increase from previous year)
  • Twelve month R&D Expenses ending June 30, 2023 was $1.1 Million (a 7.01% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses decreased by -31.6% year-over-year
Trailing R&D Expenses for the last four month:
30 Jun '23 31 Mar '23 31 Dec '22 30 Sep '22
$1.1 Million $1.02 Million $1.17 Million $1.6 Million
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Historical R&D Expenses of KWESST Micro Systems Inc.

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

Interactive Chart of R&D Expenses of KWESST Micro Systems Inc.

KWESST Micro Systems 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
2023 $0.34 $0.23 – – –
2022 $0.19 $0.33 $0.27 $0.37 $1.45
2021 $0.63 $1.36 $0.14 $0.07 $1.66
2020 $0.12 – – – $0.6

Business Profile of KWESST Micro Systems Inc.

Sector: Industrials
Industry: Aerospace & Defense
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