Magna International Inc. Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 832.04 M

Magna International Inc. Research and Development (R&D) Expenses is USD 832.04 M for the year ending December 31, 2024, a -5.21% change year over year. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.
  • Magna International Inc. Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 877.81 M, a 40.84% change year over year.
  • Magna International Inc. Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 623.28 M, a -0.82% change year over year.
  • Magna International Inc. Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 628.42 M, a -28.09% change year over year.
  • Magna International Inc. Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 873.85 M, a 33.44% change year over year.
Key Data
Date Research and Development (R&D) Expenses Revenue Revenue Gross Profit