Lenovo Group Research and Development Expenses 2010-2024 | LNVGY

Lenovo Group annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Lenovo Group research and development expenses for the quarter ending June 30, 2024 were $0.476B, a 5.53% increase year-over-year.
  • Lenovo Group research and development expenses for the twelve months ending June 30, 2024 were $2.052B, a 3.86% decline year-over-year.
  • Lenovo Group annual research and development expenses for 2024 were $2.028B, a 7.64% decline from 2023.
  • Lenovo Group annual research and development expenses for 2023 were $2.195B, a 5.88% increase from 2022.
  • Lenovo Group annual research and development expenses for 2022 were $2.073B, a 42.61% increase from 2021.
Lenovo Group Annual Research and Development Expenses
(Millions of US $)
2024 $2,028
2023 $2,195
2022 $2,073
2021 $1,454
2020 $1,336
2019 $1,266
2018 $1,274
2017 $1,362
2016 $1,491
2015 $1,221
2014 $732
2013 $624
2012 $453
2011 $303
2010 $214
2009 $220
Lenovo Group Quarterly Research and Development Expenses
(Millions of US $)
2024-06-30 $476
2024-03-31 $532
2023-12-31 $547
2023-09-30 $498
2023-06-30 $451
2023-03-31 $550
2022-12-31 $579
2022-09-30 $556
2022-06-30 $511
2022-03-31 $576
2021-12-31 $549
2021-09-30 $482
2021-06-30 $466
2021-03-31 $417
2020-12-31 $398
2020-09-30 $307
2020-06-30 $333
2020-03-31 $347
2019-12-31 $341
2019-09-30 $318
2019-06-30 $329
2019-03-31 $371
2018-12-31 $273
2018-09-30 $312
2018-06-30 $310
2018-03-31 $327
2017-12-31 $344
2017-09-30 $311
2017-06-30 $292
2017-03-31 $339
2016-12-31 $318
2016-09-30 $349
2016-06-30 $356
2016-03-31 $352
2015-12-31 $381
2015-09-30 $369
2015-06-30 $390
2015-03-31 $424
2014-12-31 $414
2014-09-30 $203
2014-06-30 $180
2014-03-31 $185
2013-12-31 $188
2013-09-30 $189
2013-06-30 $170
2013-03-31 $173
2012-12-31 $162
2012-09-30 $153
2012-06-30 $135
2012-03-31 $139
2011-12-31 $118
2011-09-30 $119
2011-06-30 $78
2011-03-31 $92
2010-12-31 $76
2010-09-30 $66
2010-06-30 $70
2010-03-31 $57
2009-12-31 $54
2009-09-30 $54
2009-06-30 $49
2009-03-31 $74
Sector Industry Market Cap Revenue
Computer and Technology Computer - Microcomputers $14.383B $56.864B
Lenovo Group Limited is a personal technology company. The Company is dedicated to building PCs and mobile internet devices. Lenovo's business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. Lenovo Group Limited is based in Quarry Bay, Hong Kong.
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