Quick Answer
Loop Industries, Inc. reported R&D Expense of $6.86 million for fiscal year 2025.
Loop Industries, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $6.86M | -39.7% |
| 2024 | $11.38M | -34.4% |
| 2023 | $17.35M | -37.5% |
| 2022 | $27.74M | +48.4% |
| 2021 | $18.69M | +296.1% |
| 2020 | $4.72M | +36.8% |
| 2019 | $3.45M | -48.5% |
| 2018 | $6.69M | +360.3% |
| 2017 | $1.45M | +81.4% |
| 2016 | $801.7K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| November 30, 2025 | $967.0K | -29.8% | +14.7% |
| August 31, 2025 | $843.0K | -56.7% | -38.6% |
| May 31, 2025 | $1.37M | -38.6% | -0.2% |
| November 30, 2024 | $1.38M | -24.9% | -29.2% |
| August 31, 2024 | $1.95M | -4.6% | -13.1% |
| May 31, 2024 | $2.24M | -50.2% | +22.0% |
| November 30, 2023 | $1.83M | -60.0% | -10.1% |
| August 31, 2023 | $2.04M | -45.7% | -54.6% |
- Loop Industries, Inc. showed a decrease of -39.7% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Loop Industries, Inc.’s r&d expense has grown by 756.2% (from $801.7 thousand to $6.86 million).
- The most recent figure is from Loop Industries, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on May 29, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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