AZEK Co Inc. Annual Research and Development Expense in USD from 2018 to 2024

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
AZEK Co Inc. quarterly/annual Research and Development Expense history and growth rate from 2018 to 2024.
  • AZEK Co Inc. Research and Development Expense for the quarter ending September 30, 2024 was $3.9M, a 34.5% increase year-over-year.
  • AZEK Co Inc. Research and Development Expense for the twelve months ending September 30, 2024 was $14.7M, a 59.8% increase year-over-year.
  • AZEK Co Inc. annual Research and Development Expense for 2024 was $14.7M, a 59.8% increase from 2023.
  • AZEK Co Inc. annual Research and Development Expense for 2023 was $9.2M, a 3.16% decline from 2022.
  • AZEK Co Inc. annual Research and Development Expense for 2022 was $9.5M, a 28.4% increase from 2021.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $14.7M +$5.5M +59.8% Oct 1, 2023 Sep 30, 2024 10-K 2024-11-20
2023 $9.2M -$300K -3.16% Oct 1, 2022 Sep 30, 2023 10-K 2024-11-20
2022 $9.5M +$2.1M +28.4% Oct 1, 2021 Sep 30, 2022 10-K 2024-11-20
2021 $7.4M -$300K -3.9% Oct 1, 2020 Sep 30, 2021 10-K/A 2024-06-14
2020 $7.7M -$300K -3.75% Oct 1, 2019 Sep 30, 2020 10-K 2022-11-29
2019 $8M +$1.5M +23.1% Oct 1, 2018 Sep 30, 2019 10-K 2021-11-23
2018 $6.5M Oct 1, 2017 Sep 30, 2018 10-K 2020-12-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.