17. Research and Development Expenses
|
|
Year Ended December 31, |
||||
|---|---|---|---|---|---|---|
(in thousands of $) |
|
2025 |
|
2024 |
|
2023 |
External research and development expenses |
|
859,179 |
|
605,082 |
|
483,192 |
Personnel expenses |
|
388,557 |
|
310,992 |
|
226,344 |
Digital technology expenses |
|
58,367 |
|
34,012 |
|
19,935 |
Materials and consumables |
|
7,895 |
|
5,863 |
|
4,057 |
Depreciation and amortization |
|
12,739 |
|
6,204 |
|
105,546 |
Other expenses |
|
37,395 |
|
21,270 |
|
20,418 |
Total Research and development expenses |
|
1,364,132 |
|
983,423 |
|
859,492 |