Lumentum Holdings Inc. (LITE) Research and Development Expense USD 2012 - 2023

Historical data

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
Lumentum Holdings Inc. quarterly/annual Research and Development Expense history and growth rate from 2012 to 2023.
  • Lumentum Holdings Inc. Research and Development Expense for the quarter ending March 30, 2024 was $77.2 M, a 9.6% decline year-over-year.
  • Lumentum Holdings Inc. Research and Development Expense for the twelve months ending March 30, 2024 was $303 M, a 4.23% increase year-over-year.
  • Lumentum Holdings Inc. annual Research and Development Expense for 2023 was $308 M, a 39.5% increase from 2022.
  • Lumentum Holdings Inc. annual Research and Development Expense for 2022 was $221 M, a 2.89% increase from 2021.
  • Lumentum Holdings Inc. annual Research and Development Expense for 2021 was $215 M.
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
2023 $308 M +$87.1 M +39.5% Jul 3, 2022 Jul 1, 2023 10-K 2023-08-23
2022 $221 M +$6.2 M +2.89% Jul 4, 2021 Jul 2, 2022 10-K 2023-08-23
2021 $215 M Jun 28, 2020 Jul 3, 2021 10-K 2023-08-23
2019 $199 M +$14 M +7.58% Jun 30, 2019 Jun 27, 2020 10-K 2022-08-24
2018 $185 M +$36.3 M +24.5% Jul 1, 2018 Jun 29, 2019 10-K 2021-08-31
2017 $148 M +$7.2 M +5.1% Jul 3, 2016 Jul 1, 2017 10-K 2019-08-27
2016 $141 M Jun 28, 2015 Jul 2, 2016 10-K 2018-08-28
2014 $141 M +$5.9 M +4.37% Jun 29, 2014 Jun 27, 2015 10-K/A 2018-03-29
2013 $135 M +$21.2 M +18.6% Jun 30, 2013 Jun 28, 2014 10-K 2016-09-02
2012 $114 M Jul 1, 2012 Jun 29, 2013 10-K/A 2015-09-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.