Quick Answer
Borqs Technologies, Inc. reported R&D Expense of $2.32 million for fiscal year 2024.
Borqs Technologies, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $2.32M | -36.6% |
| 2023 | $3.66M | +8.1% |
| 2022 | $3.38M | -36.1% |
| 2021 | $5.29M | -35.1% |
| 2020 | $8.16M | +54.6% |
| 2019 | $5.28M | -16.7% |
| 2018 | $6.34M | +2.3% |
| 2017 | $6.19M | +14.8% |
| 2016 | $5.39M | -25.1% |
| 2015 | $7.21M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2018 | $908.0K | -76.4% | -37.5% |
| June 30, 2018 | $1.45M | +22.6% | +63.3% |
| March 31, 2018 | $889.0K | +204.5% | -76.9% |
| September 30, 2017 | $3.85M | +367.2% | +225.5% |
| June 30, 2017 | $1.18M | — | +305.5% |
| March 31, 2017 | $292.0K | — | -64.6% |
| September 30, 2016 | $825.0K | — | — |
- Borqs Technologies, Inc. showed a decrease of -36.6% in R&D Expense compared to the prior fiscal year.
- Over the 2015–2024 period, Borqs Technologies, Inc.’s r&d expense has declined by 67.8% (from $7.21 million to $2.32 million).
- The most recent figure is from Borqs Technologies, Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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