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Coveo Solutions (Coveo Solutions) Research & Development : $35.3 Mil (TTM As of Dec. 2023)


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What is Coveo Solutions Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Coveo Solutions's Research & Development for the three months ended in Dec. 2023 was $9.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $35.3 Mil.

Coveo Solutions Research & Development Historical Data

The historical data trend for Coveo Solutions'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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Coveo Solutions Research & Development Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Research & Development
10.22 12.67 16.08 30.10 35.03

Coveo Solutions Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.71 8.23 9.18 8.70 9.15

Coveo Solutions 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.3 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.

Coveo Solutions  (OTCPK:CVOSF) 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.

Coveo Solutions Research & Development Related Terms

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Coveo Solutions (Coveo Solutions) Business Description

Industry
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Traded in Other Exchanges
I94:Germany CVO:Canada
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Website
https://www.coveo.com
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.