Quick Answer
Tungray Technologies Inc reported R&D Expense of $1.06 million for fiscal year 2024.
Tungray Technologies Inc R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $1.06M | +34.3% |
| 2023 | $791.8K | -4.5% |
| 2022 | $829.2K | +23.9% |
| 2021 | $669.4K | — |
- Tungray Technologies Inc showed an increase of +34.3% in R&D Expense compared to the prior fiscal year.
- Over the 2021–2024 period, Tungray Technologies Inc’s r&d expense has grown by 58.8% (from $669.4 thousand to $1.06 million).
- The most recent figure is from Tungray Technologies Inc’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 14, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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