Company / R&D Expense
CTS Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$25.3M
FY2025
5-year range
$23.4M / $25.3M
FY2021-FY2025
Trend
+8.0%
vs FY2024
Sector context
#243 of 264
Information Technology
What the data says
Among 264 Information Technology companies, CTS Corporation is in the bottom 8% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $23M in FY2024 to $26M in FY2019.
Based on SEC 10-K filings.
$25M in FY2025 with a 5-year CAGR of +0.8%.
Remained stable around $25M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +1.6%
- 5-Year CAGR
- +0.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 8% in Information TechnologyTop 92% of 264This company $25.3M Sector average $924.6M
▼
-97.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.8%, indicating consistent growth.
- In FY2025, r&d expense increased 8.0% year-over-year.
- Ranks #243 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 3.06 (safe zone, above 2.9 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 | $25.3M | +8.0% |
| FY2024 | $23.4M | -6.1% |
| FY2023 | $24.9M | +3.4% |
| FY2022 | $24.1M | +1.0% |
| FY2021 | $23.9M | -1.9% |
| FY2020 | $24.3M | -6.4% |
| FY2019 | $26.0M | +2.6% |
| FY2018 | $25.3M | +0.6% |
| FY2017 | $25.1M | +4.6% |
| FY2016 | $24.0M | +7.0% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026