Quick Answer
Ideal Power Inc. reported R&D Expense of $6.05 million for fiscal year 2025.
Ideal Power Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $6.05M | -2.6% |
| 2024 | $6.21M | +8.1% |
| 2023 | $5.74M | +70.6% |
| 2022 | $3.37M | +74.6% |
| 2021 | $1.93M | +12.0% |
| 2020 | $1.72M | +63.9% |
| 2019 | $1.05M | +20.5% |
| 2018 | $871.7K | +21.8% |
| 2017 | $715.8K | -86.3% |
| 2016 | $5.22M | -5.4% |
| 2015 | $5.52M | +135.9% |
| 2014 | $2.34M | +93.0% |
| 2013 | $1.21M | +15.4% |
| 2012 | $1.05M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $1.79M | +6.5% | -5.6% |
| June 30, 2025 | $1.90M | +21.6% | +21.2% |
| March 31, 2025 | $1.57M | +14.7% | -6.9% |
| September 30, 2024 | $1.68M | -0.4% | +7.8% |
| June 30, 2024 | $1.56M | +29.5% | +14.3% |
| March 31, 2024 | $1.37M | -5.1% | -19.1% |
| September 30, 2023 | $1.69M | +116.7% | +40.1% |
| June 30, 2023 | $1.21M | +65.7% | -16.2% |
- Ideal Power Inc. showed a decrease of -2.6% in R&D Expense compared to the prior fiscal year.
- Over the 2012–2025 period, Ideal Power Inc.’s r&d expense has grown by 475.8% (from $1.05 million to $6.05 million).
- The most recent figure is from Ideal Power Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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