Maytronics

Maytronics R&D Expenses

The Research & Development Expenses of Maytronics (MTRN.TA) as of Oct 25, 2026 is 40.92 M ILS. In the previous year, Research & Development Expenses was 47.43 M ILS — a change of -13.73% (lower).

R&D Expenses

40.92 MILS

YoY

-13.73%

Last updated:

Research & Development Expenses of Maytronics is 2025 40.92 M ILS. Research & Development Expenses of Maytronics was 2024 47.43 M ILS. It decreases by -13.73% lower compared to the previous year.

The Maytronics R&D Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

R&D Expenses
Date
R&D Expenses
Jan 1, 2018
9.70 M ILS
Jan 1, 2019
24.53 M ILS
Jan 1, 2020
32.44 M ILS
Jan 1, 2021
46.58 M ILS
Jan 1, 2022
52.64 M ILS
Jan 1, 2023
65.38 M ILS
Jan 1, 2024
47.43 M ILS
Jan 1, 2025
40.92 M ILS
The Maytronics R&D Expenses history
YEARR&D ExpensesYoY
40.92 MILS-13.73%
47.43 MILS-27.45%
65.38 MILS+24.19%
52.64 MILS+13.01%
46.58 MILS+43.61%
32.44 MILS+32.24%
24.53 MILS+152.94%
9.70 MILS+71.69%
5.65 MILS+25.82%
4.49 MILS+219.96%
1.40 MILS-0.57%
1.41 MILS—

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Maytronics Stock analysis

What does Maytronics do? Maytronics Ltd is a leading manufacturer of automatic cleaning systems for swimming pools worldwide. The company was founded in Israel in 1983 and has since established itself as one of the most well-known brands for pool robots. The history of Maytronics began when a young engineer named Boaz Dekel started cleaning swimming pools by hand in the 80s. He quickly realized that there had to be a more efficient and practical way of cleaning and made it his mission to develop an automatic cleaning system for pools. After years of research and development, Boaz Dekel finally developed the first successful pool robot on the market. Maytronics' business model is based on the production and sale of automatic pool cleaners and accessories. The company offers a wide range of products, from small, simple pool cleaners to high-tech robots for large pools. The company distributes its products worldwide and has branches in the US, Europe, Australia, and Asia. Maytronics pursues a comprehensive corporate strategy to meet various customer needs. This includes products for individuals as well as for commercial use in fitness clubs, hotels, and public pools. The company also offers a wide range of pool accessories such as filters, pumps, and control systems. One of Maytronics' most innovative products is the Dolphin Quantum, which is considered the most advanced pool robot on the market. The Dolphin Quantum has a wider and faster cleaning system and utilizes artificial intelligence to clean every inch of the pool. The device also measures the size and shape of the pool to maximize cleaning efficiency. Another product from Maytronics is the Dolphin Proteus, designed for smaller pools and cost-conscious customers. The Proteus can clean pools up to a size of 12 meters and features easy operation. Maytronics also has a strong presence in the cleaning of commercial swimming pools. The Dolphin Wave 200 XL is one of Maytronics' most well-known pool robots for commercial use. It can clean pools up to a size of 60 meters and is intended for use in larger hotels, public pools, and water parks. In addition to developing pool cleaners, Maytronics has also revolutionized the industry by introducing robots for whirlpools, spas, and other hydrotherapy facilities. The Dolphin Zenit Magic is an exclusive robot for whirlpools, optimized for thorough cleaning of whirlpools and smaller pools. Overall, Maytronics has a strong presence in the automatic pool cleaner market and is known for its innovative products, high quality, and excellent customer service. The company continuously strives to improve its products to meet customer needs and strengthen its reputation as an industry leader. Maytronics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Maytronics stock

Research & Development Expenses of Maytronics is 40.92 M ILS in 2025.

Research & Development Expenses of Maytronics changed from 47.43 M ILS to 40.92 M ILS, representing a -13.73% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Research & Development Expenses Maytronics since 2006 – with annual values, charts, and detailed analysis.

R&D expenses represent the costs incurred in researching and developing new products, services, or processes. High R&D spending can signal innovation and future growth potential.

Research & Development Expenses's ILS is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Research & Development Expenses's Maytronics historically and in real time.

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