Company / R&D Expense
AstroNova, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$6.8M
FY2025
5-year range
$6.0M / $8.1M
FY2021-FY2025
Trend
+12.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $7M.
Based on SEC 10-K filings.
$7M in FY2025 with a 3-year CAGR of -5.7%.
Improved from $6M to $7M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -5.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -5.7%, indicating a declining trend.
- In FY2025, r&d expense increased 12.3% year-over-year.
- Peak r&d expense was recorded in FY2022.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.99 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | $6.8M | +12.3% |
| FY2024 | $6.0M | -4.6% |
| FY2023 | $6.3M | -21.6% |
| FY2022 | $8.1M | +3.5% |
| FY2021 | $7.8M | +4.8% |
| FY2019 | $7.5M | +18.0% |
| FY2018 | $6.3M | -9.1% |
| FY2017 | $6.9M | +19.7% |
| FY2016 | $5.8M | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026