Analyzing R&D Budgets: Analog Devices, Inc. vs Fortive Corporation

R&D Spending: Analog Devices vs. Fortive Over a Decade

__timestampAnalog Devices, Inc.Fortive Corporation
Wednesday, January 1, 2014559686000387600000
Thursday, January 1, 2015637459000377700000
Friday, January 1, 2016653816000384800000
Sunday, January 1, 2017968602000406000000
Monday, January 1, 20181165410000414300000
Tuesday, January 1, 20191130348000456700000
Wednesday, January 1, 20201050519000320700000
Friday, January 1, 20211296126000354800000
Saturday, January 1, 20221700518000401500000
Sunday, January 1, 20231660194000397800000
Monday, January 1, 20241487863000414000000
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Unleashing insights

A Decade of Innovation: R&D Spending Trends

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Analog Devices, Inc. has consistently outpaced Fortive Corporation in R&D investments. From 2014 to 2023, Analog Devices increased its R&D budget by nearly 200%, peaking in 2022 with a 170% rise compared to 2014. In contrast, Fortive's R&D spending remained relatively stable, with a modest 3% increase over the same period.

Analog Devices' significant investment surge in 2022, reaching its highest point, underscores its strategic focus on pioneering advancements. Meanwhile, Fortive's steady approach reflects a different innovation strategy, possibly focusing on optimizing existing technologies. The data for 2024 is incomplete, highlighting the dynamic nature of corporate strategies. As these companies navigate the future, their R&D investments will continue to shape their competitive edge in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025