Company / R&D Expense
ANGIODYNAMICS INC R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$26.2M
FY2024
5-year range
$26.2M / $31.5M
FY2020-FY2024
Trend
-16.8%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 9 years, ranging from $24M in FY2019 to $32M in FY2023.
Based on SEC 10-K filings.
$26M in FY2024 with a 5-year CAGR of +1.7%.
Declined from $30M to $26M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -2.5%
- 5-Year CAGR
- +1.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.7%, indicating consistent growth.
- In FY2024, r&d expense decreased 16.8% 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
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.27 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $26.2M | -16.8% |
| FY2023 | $31.5M | +5.5% |
| FY2022 | $29.9M | +5.8% |
| FY2021 | $28.3M | +16.1% |
| FY2020 | $24.3M | +0.8% |
| FY2019 | $24.1M | -3.6% |
| FY2018 | $25.1M | -5.8% |
| FY2017 | $26.6M | +1.9% |
| FY2016 | $26.1M | -0.9% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026