Company / R&D Expense
DELCATH SYSTEMS, INC. R&D Expense History
FY2012-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$13.9M
FY2025
5-year range
$6.5M / $18.6M
FY2021-FY2025
Trend
-20.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $19M to $14M over the past 2 years.
Based on SEC 10-K filings.
$14M in FY2025 with a 10-year CAGR of +0.9%.
Declined from $19M to $14M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- +0.9%
Key checks
Key Insights
- 3-year CAGR of +0.2%, indicating consistent growth.
- In FY2025, r&d expense decreased 20.7% year-over-year.
- Peak r&d expense was recorded in FY2014.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 1.14 (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 | $13.9M | -20.7% |
| FY2024 | $17.5M | -5.8% |
| FY2023 | $18.6M | +34.9% |
| FY2022 | $13.8M | +112.4% |
| FY2017 | $6.5M | +0.0% |
| FY2016 | $6.5M | -48.9% |
| FY2015 | $12.7M | -51.6% |
| FY2014 | $26.2M | +4.1% |
| FY2013 | $25.2M | +43.4% |
| FY2012 | $17.6M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026