Lianhe Sowell International Group Ltd (LHSW): R&D Expense

Annual figures by period end, from SEC filings.

$7.81M

Year ended 2026-03-31

+159.0%

3-year compound annual growth

2023-03-31 R&D Expense (USD) 2026-03-31

Period ended	R&D Expense	Change YoY	Source filing
2026-03-31	$7.81M	+125.6%	2026-08-13, From 2025-04-01
2025-03-31	$3.46M	+51.5%	2026-08-13, From 2024-04-01
2024-03-31	$2.29M	+408.2%	2026-08-13, From 2023-04-01
2023-03-31	$449.8K	n/a	2025-08-15, From 2022-04-01

R&D Expense at similar companies

Companies with the same SEC industry code (Services-Prepackaged Software), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

Company	Year ended	R&D Expense	Change YoY
Lianhe Sowell International Group Ltd (LHSW)	2026-03-31	$7.81M	+125.6%
Baijiayun Group Ltd (RTCJF)	2025-06-30	$2.28M	-74.2%
Marchex Inc (MCHX)	2025-12-31	$9.75M	-21.5%
Red Cat Holdings, Inc. (RCAT)	2025-12-31	$17.89M	n/a
Audioeye Inc (AEYE)	2025-12-31	$4.59M	-9.6%
Fdctech, Inc. (FDCT)	2025-12-31	$0	n/a
Helport AI Ltd (HPAI)	2025-06-30	$6.32M	+46.8%
Taoping Inc. (TAOP)	2025-12-31	$1.71M	-29.4%
Silvaco Group, Inc. (SVCO)	2025-12-31	$29.86M	+44.0%

Compare LHSW, RTCJF, MCHX, RCAT side by side · Screen every company in Services-Prepackaged Software ↗