Quick Answer
Cenntro Inc. reported R&D Expense of $5.16 million for fiscal year 2024.
Cenntro Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $5.16M | -33.2% |
| 2023 | $7.72M | +21.4% |
| 2022 | $6.36M | +330.4% |
| 2021 | $1.48M | +8.3% |
| 2020 | $1.37M | -36.4% |
| 2019 | $2.15M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $518.9K | -63.0% | -20.0% |
| March 31, 2025 | $648.9K | -37.1% | -53.7% |
| September 30, 2024 | $1.40M | -14.2% | +28.9% |
| June 30, 2024 | $1.09M | -49.2% | +5.5% |
| March 31, 2024 | $1.03M | -34.3% | -36.9% |
| September 30, 2023 | $1.63M | -9.0% | -23.7% |
| June 30, 2023 | $2.14M | +54.3% | +36.5% |
| March 31, 2023 | $1.57M | +269.1% | -12.6% |
- Cenntro Inc. showed a decrease of -33.2% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2024 period, Cenntro Inc.’s r&d expense has grown by 140.5% (from $2.15 million to $5.16 million).
- The most recent figure is from Cenntro Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on April 1, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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