Company / R&D Expense
ARTS WAY MANUFACTURING CO INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$228.0K
FY2025
5-year range
$193.0K / $228.0K
FY2021-FY2025
Trend
+5.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $140,000 in FY2017 to $228,000 in FY2025.
Based on SEC 10-K filings.
$228,000 in FY2025 with a 5-year CAGR of +8.9%.
Improved from $193,000 to $228,000 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.7%
- 5-Year CAGR
- +8.9%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +8.9%, indicating consistent growth.
- In FY2025, r&d expense increased 5.6% year-over-year.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $228.0K | +5.6% |
| FY2024 | $216.0K | +11.9% |
| FY2023 | $193.0K | +0.0% |
| FY2022 | $193.0K | -3.0% |
| FY2021 | $199.0K | +33.6% |
| FY2020 | $149.0K | -16.3% |
| FY2019 | $178.0K | -2.7% |
| FY2018 | $183.0K | +30.7% |
| FY2017 | $140.0K | -13.6% |
| FY2016 | $162.0K | -15.2% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026