ASTRONICS CORP R&D Expense History
ATRO / Industrials|10 years of SEC 10-K data (FY2016-FY2025)
$43M in FY2025 with a 5-year CAGR of +1.6%.
Declined from $54M to $43M over the past 2 years.
At $43M, ASTRONICS CORP's r&d expense ranks #111 of 173 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $40M in FY2020 to $114M in FY2018.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -3.4%
- 5-Year CAGR
- +1.6%
- 10-Year CAGR
- -
R&D Expense Trend
#111 of 173 in IndustrialsTop 64% of 173This company $43.5M Sector average $273.2M
▼
-84.1% below sector average
Key Insights
- 5-year CAGR of +1.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 16.5% year-over-year.
- Ranks #111 out of 173 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2018.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $43.5M | -16.5% |
| FY2024 | $52.1M | -3.1% |
| FY2023 | $53.7M | +11.3% |
| FY2022 | $48.3M | +11.5% |
| FY2021 | $43.3M | +7.7% |
| FY2020 | $40.2M | -63.1% |
| FY2019 | $108.9M | -4.7% |
| FY2018 | $114.3M | +20.3% |
| FY2017 | $95.0M | +6.9% |
| FY2016 | $88.9M | -1.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026