Company / R&D Expense
AgEagle Aerial Systems Inc. R&D Expense History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$5.5M
FY2024
5-year range
$0 / $8.1M
FY2020-FY2024
Trend
-31.9%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 5 years, ranging from $0 in FY2019 to $8M in FY2023.
Based on SEC 10-K filings.
$6M in FY2024 with a 3-year CAGR of +472.8%.
Improved from $29,392 to $6M over the past 3 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +472.8%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +472.8%, indicating consistent growth.
- In FY2024, r&d expense decreased 31.9% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -4.68 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $5.5M | -31.9% |
| FY2023 | $8.1M | +27505.4% |
| FY2021 | $29.4K | -24.5% |
| FY2020 | $38.9K | - |
| FY2019 | $0 | - |
| FY2018 | - | - |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026