Quick Answer
Latch, Inc. reported R&D Expense of $18.34 million for fiscal year 2025.
Latch, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $18.34M | +5.9% |
| 2024 | $17.32M | -48.7% |
| 2023 | $33.79M | -38.5% |
| 2022 | $54.93M | +18.9% |
| 2021 | $46.19M | +79.1% |
| 2020 | $25.79M | +40.6% |
| 2019 | $18.34M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $3.76M | -22.9% | -15.6% |
| June 30, 2025 | $4.45M | +51.5% | -20.9% |
| March 31, 2025 | $5.63M | +34.1% | +15.5% |
| September 30, 2024 | $4.88M | -52.4% | +65.8% |
| June 30, 2024 | $2.94M | -66.1% | -30.0% |
| March 31, 2024 | $4.20M | -53.6% | -59.0% |
| September 30, 2023 | $10.24M | -6.9% | +18.2% |
| June 30, 2023 | $8.66M | -48.2% | -4.4% |
- Latch, Inc. showed an increase of +5.9% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Latch, Inc.’s r&d expense has declined by 0.0% (from $18.34 million to $18.34 million).
- The most recent figure is from Latch, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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