Company / R&D Expense
Balchem Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$18.5M
FY2025
5-year range
$12.2M / $18.5M
FY2021-FY2025
Trend
+10.2%
vs FY2024
Sector context
#45 of 53
Materials
What the data says
Balchem Corporation's r&d expense of $19M is lower than 85% of companies in the Materials sector (FY2025). R&D Expense has increased for 3 consecutive years, from $12M in FY2022 to $19M in FY2025.
Based on SEC 10-K filings.
$19M in FY2025 with a 5-year CAGR of +9.8%.
Improved from $15M to $19M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +14.9%
- 5-Year CAGR
- +9.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in MaterialsTop 85% of 53This company $18.5M Sector average $131.8M
▼
-86.0% below sector average
Key checks
Key Insights
- Balchem Corporation's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +9.8%, indicating consistent growth.
- In FY2025, r&d expense increased 10.2% year-over-year.
- Ranks #45 out of 53 companies in the Materials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $18.5M | +10.2% |
| FY2024 | $16.8M | +11.6% |
| FY2023 | $15.0M | +23.4% |
| FY2022 | $12.2M | -9.9% |
| FY2021 | $13.5M | +16.7% |
| FY2020 | $11.6M | +24.6% |
| FY2019 | $9.3M | -19.7% |
| FY2018 | $11.6M | +24.6% |
| FY2017 | $9.3M | +27.0% |
| FY2016 | $7.3M | +102.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026