Quick Answer
Vision Marine Technologies Inc. reported R&D Expense of $5.70 million for fiscal year 2023.
Vision Marine Technologies Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $5.70M | +154.4% |
| 2022 | $2.24M | +50.5% |
| 2021 | $1.49M | — |
- Vision Marine Technologies Inc. showed an increase of +154.4% in R&D Expense compared to the prior fiscal year.
- Over the 2021–2023 period, Vision Marine Technologies Inc.’s r&d expense has grown by 282.9% (from $1.49 million to $5.70 million).
- The most recent figure is from Vision Marine Technologies Inc.’s fiscal year 2023 report (Form 20-F), filed with the SEC on November 30, 2023.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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