Quick Answer
NETLIST INC reported R&D Expense of $3.50 million for fiscal year 2025.
NETLIST INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $3.50M | -56.6% |
| 2024 | $8.06M | -12.0% |
| 2023 | $9.16M | -13.7% |
| 2022 | $10.62M | +46.7% |
| 2021 | $7.24M | +145.2% |
| 2020 | $2.95M | +23.9% |
| 2019 | $2.38M | -17.8% |
| 2018 | $2.90M | -44.6% |
| 2017 | $5.23M | -16.8% |
| 2016 | $6.29M | +3.9% |
| 2015 | $6.05M | +31.9% |
| 2014 | $4.59M | +0.4% |
| 2013 | $4.57M | -64.4% |
| 2012 | $12.85M | -13.9% |
| 2011 | $14.92M | +1.1% |
| 2010 | $14.76M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $822.0K | -62.2% | -1.3% |
| June 30, 2025 | $833.0K | -64.8% | -6.7% |
| March 31, 2025 | $893.0K | -63.4% | -59.0% |
| September 30, 2024 | $2.18M | -4.0% | -8.1% |
| June 30, 2024 | $2.37M | +5.1% | -2.9% |
| March 31, 2024 | $2.44M | +6.1% | +7.6% |
| September 30, 2023 | $2.27M | -11.1% | +0.6% |
| June 30, 2023 | $2.25M | -15.6% | -2.0% |
- NETLIST INC showed a decrease of -56.6% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, NETLIST INC’s r&d expense has declined by 76.3% (from $14.76 million to $3.50 million).
- The most recent figure is from NETLIST INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 19, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: