R&D expense · 2017–2025

SNDL R&D expense

$350,005+38.5% · FY2025

SNDL (SNDL) reported $350,005 in R&D expense for fiscal 2025, +38.5% year on year.

$318,5302017$1.8M2019$364,3102020$2.0M2021$1.9M2022$240,0402023$252,6832024$350,0052025
SNDL — R&D expense, 2017–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$350,005+38.5%Open →
FY20242024-12-31$252,683+5.3%Open →
FY20232023-12-31$240,040−87.2%Open →
FY20222022-12-31$1.9M−3.5%Open →
FY20212021-12-31$2.0M+435.6%Open →
FY20202020-12-31$364,310−79.9%Open →
FY20192019-12-31$1.8M+470.2%Open →
FY20172018-02-28$318,530—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2017–2025 compound annual growth +1.2%

Figures are reported under IFRS in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=SNDL R&D expense |url=https://companiesranked.com/en/company/sndl/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). SNDL R&D expense. CompaniesRanked. https://companiesranked.com/en/company/sndl/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-sndl-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{SNDL R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/sndl/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 40-F · 0001193125-26-102524 · March 12, 2026

{{cite web |title=SNDL R&D expense — 40-F (0001193125-26-102524) |url=https://www.sec.gov/Archives/edgar/data/1766600/000119312526102524/sndl-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-12}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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