Company / R&D Expense
Flowserve R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$54.1M
FY2025
5-year range
$34.2M / $69.9M
FY2021-FY2025
Trend
-22.6%
vs FY2024
Sector context
#101 of 174
Industrials
What the data says
At $54M, Flowserve's r&d expense ranks #101 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $34M in FY2021 to $70M in FY2024.
Based on SEC 10-K filings.
$54M in FY2025 with a 5-year CAGR of +8.4%.
Improved from $49M to $54M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +10.7%
- 5-Year CAGR
- +8.4%
- 10-Year CAGR
- -
Sector benchmark
#101 of 174 in IndustrialsTop 58% of 174This company $54.1M Sector average $273.7M
▼
-80.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +8.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 22.6% year-over-year.
- Ranks #101 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $54.1M | -22.6% |
| FY2024 | $69.9M | +43.5% |
| FY2023 | $48.7M | +22.1% |
| FY2022 | $39.9M | +16.7% |
| FY2021 | $34.2M | -5.3% |
| FY2020 | $36.1M | -14.0% |
| FY2019 | $42.0M | +6.1% |
| FY2018 | $39.6M | +2.6% |
| FY2017 | $38.6M | -9.8% |
| FY2016 | $42.8M | -6.8% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026