Quick Answer
MAGIC SOFTWARE ENTERPRISES LTD reported Research And Development Expense of $13.31 million for the year ending 2024.
- MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +28.9% in Research And Development Expense from 2023 to 2024.
- This data is from MAGIC SOFTWARE ENTERPRISES LTD's annual report (Form 10-K), filed with the SEC on May 15, 2025.
- XBRL data for this metric is available from 2009 to 2024 (16 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
- Over the full 16 years of available data (2009 to 2024), MAGIC SOFTWARE ENTERPRISES LTD's Research And Development Expense has grown by 916.0%.
- Historical annual values: Fiscal year 2024: $13.31 million | Fiscal year 2023: $10.33 million | Fiscal year 2022: $10.09 million | Fiscal year 2021: $9.00 million | Fiscal year 2020: $8.79 million | Fiscal year 2019: $8.24 million | Fiscal year 2018: $5.70 million | Fiscal year 2017: $6.94 million | Fiscal year 2016: $5.84 million | Fiscal year 2015: $4.89 million | Fiscal year 2014: $4.75 million | Fiscal year 2013: $4.75 million | Fiscal year 2012: $2.95 million | Fiscal year 2011: $2.05 million | Fiscal year 2010: $2.07 million | Fiscal year 2009: $1.31 million.
- Data sourced from SEC EDGAR public filings as of June 20, 2026.
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