Company / R&D Expense
Callaway Golf Co R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$65.5M
FY2025
5-year range
$61.8M / $76.4M
FY2021-FY2025
Trend
+2.2%
vs FY2024
Sector context
#92 of 167
Industrials
What the data says
At $66M, Callaway Golf Co's r&d expense ranks #92 of 167 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $33M in FY2016 to $76M in FY2022.
Based on SEC 10-K filings.
$66M in FY2025 with a 5-year CAGR of +7.2%.
Improved from $62M to $66M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -5.0%
- 5-Year CAGR
- +7.2%
- 10-Year CAGR
- -
Sector benchmark
#92 of 167 in IndustrialsTop 55% of 167This company $65.5M Sector average $283.8M
▼
-76.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.2%, indicating consistent growth.
- In FY2025, r&d expense increased 2.2% year-over-year.
- Ranks #92 out of 167 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.55 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $65.5M | +2.2% |
| FY2024 | $64.1M | +3.7% |
| FY2023 | $61.8M | -19.1% |
| FY2022 | $76.4M | +12.4% |
| FY2021 | $68.0M | +46.9% |
| FY2020 | $46.3M | -8.5% |
| FY2019 | $50.6M | +24.1% |
| FY2018 | $40.8M | +11.4% |
| FY2017 | $36.6M | +9.8% |
| FY2016 | $33.3M | +0.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026