Quick Answer
WiMi Hologram Cloud Inc. reported R&D Expense of $111.69 million for fiscal year 2024.
WiMi Hologram Cloud Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $111.69M | -34.7% |
| 2023 | $171.06M | -49.9% |
| 2022 | $341.61M | +119.6% |
| 2021 | $155.58M | +7778923600.0% |
| 2021 | $2.00 | -100.0% |
| 2020 | $84.96M | +362.8% |
| 2019 | $18.36M | +128.9% |
| 2018 | $8.02M | -17.3% |
| 2017 | $9.70M | — |
- WiMi Hologram Cloud Inc. showed a decrease of -34.7% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2024 period, WiMi Hologram Cloud Inc.’s r&d expense has grown by 1051.9% (from $9.70 million to $111.69 million).
- The most recent figure is from WiMi Hologram Cloud Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 22, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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