POET Technologies Inc. (POET) Research & Development Expenses
The r&d expense for POET Technologies Inc. (POET) is $18.08 Million with a year-over-year change of +59.55%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
POET R&D Expense Chart
Current R&D Expense
$18.08M
$18.08 Million
Year-over-Year Change
+59.55%
vs. $11.33M prior year
Historical Data
22
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $18.08M | +$6.75M | +59.55% |
| 2024 | $11.33M | +$1.26M | +12.47% |
| 2023 | $10.08M | $-668,813 | -6.22% |
| 2022 | $10.75M | +$2.58M | +31.62% |
| 2021 | $8.17M | +$1.53M | +23.07% |
| 2020 | $6.63M | +$4.55M | +218.37% |
| 2019 | $2.08M | $-6.61M | -76.03% |
| 2018 | $8.69M | +$3.25M | +59.71% |
| 2017 | $5.44M | +$2.55M | +88.14% |
| 2016 | $2.89M | $-639,476 | -18.10% |
| 2015 | $3.53M | +$1.25M | +55.07% |
| 2014 | $2.28M | +$351,953 | +18.27% |
| 2013 | $1.93M | +$896,720 | +87.12% |
| 2012 | $1.03M | $-2.86M | -73.53% |
| 2011 | $3.89M | +$97,212 | +2.56% |
| 2010 | $3.79M | +$45,574 | +1.22% |
| 2009 | $3.75M | +$767,106 | +25.76% |
| 2008 | $2.98M | +$1.62M | +119.01% |
| 2007 | $1.36M | +$268,593 | +24.61% |
| 2006 | $1.09M | +$1.09M | — |
| 2005 | $0 | +$0 | — |
| 2004 | $0 | — | — |
About POET Technologies Inc.
POET Technologies Inc. is a company that creates, produces, and markets both individual and integrated optical-electronic systems, with operations spanning Canada, the United States, and Singapore. A key component of its portfolio is the POET Optical Interposer, an innovative platform designed to seamlessly combine electronic and photonic devices into a single multi-chip module. This integration is accomplished by employing advanced wafer-scale semiconductor manufacturing processes and sophisticated packaging methods. Additionally, the firm engineers various integrated photonic components. POET's solutions cater to a diverse range of industries, including data centers, telecommunications, the Internet of Things (IoT), industrial sensing, automotive LIDAR, medical imaging (specifically optical coherence tomography), and virtual reality systems. Established in 1972 and based in Toronto, Canada, the company rebranded as POET Technologies Inc. in June 2013, having previously been known as Opel Technologies Inc.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Suresh V. Venkatesan