In the 2022 fiscal year, Magna International accrued 649 million U.S. dollars in research and development (R&D) costs. This represents an increase of some two percent compared with the previous fiscal year when the company spent around 634 million U.S. dollars on R&D.
Magna International's research and development costs between FY 2016 and FY 2022
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Magna. (March 31, 2023). Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. "Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars)." Chart. March 31, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. (2023). Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. "Magna International's Research and Development Costs between Fy 2016 and Fy 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna, Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/909369/magna-research-and-development-costs/ (last visited December 22, 2024)
Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) [Graph], Magna, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/909369/magna-research-and-development-costs/