Comparing Innovation Spending: Teledyne Technologies Incorporated and Gen Digital Inc.

Innovation Race: Teledyne vs. Gen Digital

__timestampGen Digital Inc.Teledyne Technologies Incorporated
Wednesday, January 1, 20141038000000428800000
Thursday, January 1, 20151144000000476600000
Friday, January 1, 2016748000000167700000
Sunday, January 1, 2017823000000177700000
Monday, January 1, 2018957000000185600000
Tuesday, January 1, 2019913000000209600000
Wednesday, January 1, 2020328000000196000000
Friday, January 1, 2021267000000299300000
Saturday, January 1, 2022253000000360600000
Sunday, January 1, 2023313000000365800000
Monday, January 1, 2024332000000
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Cracking the code

Innovation Spending: A Tale of Two Companies

In the ever-evolving landscape of technology, innovation is the lifeblood of progress. Teledyne Technologies Incorporated and Gen Digital Inc. have been at the forefront of this innovation race, each with its unique approach to research and development (R&D) spending.

A Decade of Investment

From 2014 to 2023, Gen Digital Inc. consistently outpaced Teledyne in R&D investment, peaking in 2015 with a staggering 1.1 billion dollars. However, their spending saw a significant decline, dropping to just 253 million dollars by 2022, a reduction of nearly 78%. In contrast, Teledyne's R&D expenses showed a more stable trajectory, with a notable increase from 168 million dollars in 2016 to 366 million dollars in 2023, marking a 118% rise.

The Missing Year

Interestingly, data for Teledyne in 2024 is missing, leaving a gap in the narrative of their innovation journey. This absence invites speculation about their future strategies and potential shifts in focus.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025