Research and Development Expense in USD of Loop Industries, Inc. from Q4 2014 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Loop Industries, Inc. quarterly/annual Research and Development Expense history and growth rate from Q4 2014 to Q3 2025.
  • Loop Industries, Inc. Research and Development Expense for the quarter ending August 31, 2025 was $843K, a 56.7% decline year-over-year.
  • Loop Industries, Inc. Research and Development Expense for the twelve months ending August 31, 2025 was $4.9M, a 45.8% decline year-over-year.
  • Loop Industries, Inc. annual Research and Development Expense for 2024 was $6.86M, a 39.7% decline from 2023.
  • Loop Industries, Inc. annual Research and Development Expense for 2023 was $11.4M, a 34.4% decline from 2022.
  • Loop Industries, Inc. annual Research and Development Expense for 2022 was $17.3M, a 37.5% decline from 2021.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Growth (%)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)

Loop Industries, Inc. Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $4.9M $843K -$1.1M -56.7% Jun 1, 2025 Aug 31, 2025 10-Q 2025-10-15
Q2 2025 $6M $1.37M -$863K -38.6% Mar 1, 2025 May 31, 2025 10-Q 2025-07-15
Q1 2025 $6.86M $1.31M -$1.71M -56.8% Dec 1, 2024 Feb 28, 2025 10-K/A 2025-05-30
Q4 2024 $8.58M $1.38M -$456K -24.9% Sep 1, 2024 Nov 30, 2024 10-Q 2025-01-14
Q3 2024 $9.03M $1.95M -$93K -4.56% Jun 1, 2024 Aug 31, 2024 10-Q 2025-10-15
Q2 2024 $9.13M $2.24M -$2.25M -50.2% Mar 1, 2024 May 31, 2024 10-Q 2025-07-15
Q1 2024 $11.4M $3.02M +$805K +36.4% Dec 1, 2023 Feb 29, 2024 10-K/A 2025-05-30
Q4 2023 $10.6M $1.83M -$2.75M -60% Sep 1, 2023 Nov 30, 2023 10-Q 2025-01-14
Q3 2023 $13.3M $2.04M -$1.71M -45.7% Jun 1, 2023 Aug 31, 2023 10-Q 2024-10-15
Q2 2023 $15M $4.49M -$2.31M -34% Mar 1, 2023 May 31, 2023 10-Q 2024-07-15
Q1 2023 $17.3M $2.21M -$4.77M -68.3% Dec 1, 2022 Feb 28, 2023 10-K 2024-05-29
Q4 2022 $22.1M $4.58M -$2.25M -33% Sep 1, 2022 Nov 30, 2022 10-Q 2024-01-16
Q3 2022 $24.4M $3.75M -$1.53M -29% Jun 1, 2022 Aug 31, 2022 10-Q 2023-10-16
Q2 2022 $25.9M $6.8M -$1.84M -21.3% Mar 1, 2022 May 31, 2022 10-Q 2023-07-12
Q1 2022 $27.7M $6.98M -$1.2M -14.7% Dec 1, 2021 Feb 28, 2022 10-K 2023-05-18
Q4 2021 $28.9M $6.84M +$561K +8.94% Sep 1, 2021 Nov 30, 2021 10-Q 2023-01-12
Q3 2021 $28.4M $5.28M +$2.54M +92.2% Jun 1, 2021 Aug 31, 2021 10-Q 2022-10-12
Q2 2021 $25.8M $8.64M +$7.16M +483% Mar 1, 2021 May 31, 2021 10-Q 2022-07-13
Q1 2021 $18.7M $8.18M +$6.71M +456% Dec 1, 2020 Feb 28, 2021 10-K 2022-05-27
Q4 2020 $12M $6.27M +$5M +391% Sep 1, 2020 Nov 30, 2020 10-Q 2022-01-11
Q3 2020 $6.98M $2.75M +$1.78M +183% Jun 1, 2020 Aug 31, 2020 10-Q 2021-10-15
Q2 2020 $5.2M $1.48M +$483K +48.4% Mar 1, 2020 May 31, 2020 10-Q 2021-07-15
Q1 2020 $4.72M $1.47M +$947K +181% Dec 1, 2019 Feb 29, 2020 10-K 2021-06-01
Q4 2019 $3.77M $1.28M +$486K +61.4% Sep 1, 2019 Nov 30, 2019 10-Q 2021-01-14
Q3 2019 $3.28M $970K -$96.1K -9.01% Jun 1, 2019 Aug 31, 2019 10-Q 2020-10-07
Q2 2019 $3.38M $998K -$68.2K -6.4% Mar 1, 2019 May 31, 2019 10-Q 2020-07-14
Q1 2019 $3.45M $524K -$829K -61.3% Dec 1, 2018 Feb 28, 2019 10-K 2020-05-05
Q4 2018 $4.28M $792K -$3.1M -79.7% Sep 1, 2018 Nov 30, 2018 10-Q 2020-01-09
Q3 2018 $7.38M $1.07M +$116K +12.2% Jun 1, 2018 Aug 31, 2018 10-Q 2019-10-08
Q2 2018 $7.26M $1.07M +$570K +115% Mar 1, 2018 May 31, 2018 10-Q 2019-07-08
Q1 2018 $6.69M $1.35M +$1.12M +471% Dec 1, 2017 Feb 28, 2018 10-K 2020-05-05
Q4 2017 $5.58M $3.89M +$3.53M +957% Sep 1, 2017 Nov 30, 2017 10-Q 2019-01-09
Q3 2017 $2.05M $951K +$517K +119% Jun 1, 2017 Aug 31, 2017 10-Q 2018-10-10
Q2 2017 $1.54M $497K +$81K +19.5% Mar 1, 2017 May 31, 2017 10-Q 2018-07-11
Q1 2017 $1.45M $237K -$64.9K -21.5% Dec 1, 2016 Feb 28, 2017 10-K 2019-05-08
Q4 2016 $1.52M $368K +$128K +53.4% Sep 1, 2016 Nov 30, 2016 10-Q 2018-01-12
Q3 2016 $1.39M $434K +$185K +74.7% Jun 1, 2016 Aug 31, 2016 10-Q/A 2018-01-12
Q2 2016 $1.21M $416K +$404K +3486% Mar 1, 2016 May 31, 2016 10-Q/A 2018-01-12
Q1 2016 $802K $302K +$261K +643% Dec 1, 2015 Feb 29, 2016 10-K/A 2018-01-12
Q4 2015 $541K $240K +$228K +1861% Sep 1, 2015 Nov 30, 2015 10-Q 2017-01-13
Q3 2015 $313K $248K Jun 1, 2015 Aug 31, 2015 10-Q 2016-10-14
Q2 2015 $11.6K Mar 1, 2015 May 31, 2015 10-Q 2016-07-15
Q1 2015 $40.6K Oct 24, 2014 Feb 28, 2015 10-K 2016-06-15
Q4 2014 $12.2K Oct 24, 2014 Nov 30, 2014 10-Q 2016-01-20

Loop Industries, Inc. Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $6.86M -$4.52M -39.7% Mar 1, 2024 Feb 28, 2025 10-K/A 2025-05-30
2023 $11.4M -$5.97M -34.4% Mar 1, 2023 Feb 29, 2024 10-K/A 2025-05-30
2022 $17.3M -$10.4M -37.5% Mar 1, 2022 Feb 28, 2023 10-K 2024-05-29
2021 $27.7M +$9.05M +48.4% Mar 1, 2021 Feb 28, 2022 10-K 2023-05-18
2020 $18.7M +$14M +296% Mar 1, 2020 Feb 28, 2021 10-K 2022-05-27
2019 $4.72M +$1.27M +36.8% Mar 1, 2019 Feb 29, 2020 10-K 2021-06-01
2018 $3.45M -$3.25M -48.5% Mar 1, 2018 Feb 28, 2019 10-K 2020-05-05
2017 $6.69M +$5.24M +360% Mar 1, 2017 Feb 28, 2018 10-K 2020-05-05
2016 $1.45M +$653K +81.4% Mar 1, 2016 Feb 28, 2017 10-K 2019-05-08
2015 $802K Mar 1, 2015 Feb 29, 2016 10-K/A 2018-01-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.