Company / R&D Expense
FLEXSTEEL INDUSTRIES INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.1M
FY2025
5-year range
$1.9M / $4.4M
FY2021-FY2025
Trend
-27.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $2M in FY2023 to $4M in FY2021.
Based on SEC 10-K filings.
$2M in FY2025 with a 5-year CAGR of -11.6%.
Improved from $2M to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -19.3%
- 5-Year CAGR
- -11.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -11.6%, indicating a declining trend.
- In FY2025, r&d expense decreased 27.6% year-over-year.
- Peak r&d expense was recorded in FY2021.
- Lowest r&d expense in the period was in FY2023.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.1M | -27.6% |
| FY2024 | $2.9M | +52.6% |
| FY2023 | $1.9M | -52.5% |
| FY2022 | $4.0M | -9.1% |
| FY2021 | $4.4M | +12.8% |
| FY2020 | $3.9M | +5.4% |
| FY2019 | $3.7M | -11.9% |
| FY2018 | $4.2M | +2.4% |
| FY2017 | $4.1M | +46.4% |
| FY2016 | $2.8M | +12.0% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026