Balchem Corporation R&D Expense History
BCPC / Materials|10 years of SEC 10-K data (FY2016-FY2025)
$19M in FY2025 with a 5-year CAGR of +12.4%.
Improved from $15M to $19M over the past 2 years.
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.
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +14.9%
- 5-Year CAGR
- +12.4%
- 10-Year CAGR
- -
R&D Expense Trend
Bottom 15% in MaterialsTop 85% of 52This company $18.5M Sector average $134.4M
▼
-86.2% below sector average
Key Insights
- Balchem Corporation's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +12.4%, indicating consistent growth.
- In FY2025, r&d expense increased 10.2% year-over-year.
- Ranks #44 out of 52 companies in the Materials sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $18.5M | +10.2% |
| FY2024 | $16.8M | +11.6% |
| FY2023 | $15.0M | +23.4% |
| FY2022 | $12.2M | -9.9% |
| FY2021 | $13.5M | +30.9% |
| FY2020 | $10.3M | -9.2% |
| FY2019 | $11.4M | -1.9% |
| FY2018 | $11.6M | +24.6% |
| FY2017 | $9.3M | +27.0% |
| FY2016 | $7.3M | +22.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026