Company / R&D Expense
GEOSPACE TECHNOLOGIES CORP R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$16.3M
FY2025
5-year range
$14.8M / $18.1M
FY2021-FY2025
Trend
+2.4%
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 $11M in FY2019 to $18M in FY2023.
Based on SEC 10-K filings.
$16M in FY2025 with a 5-year CAGR of +1.0%.
Declined from $18M to $16M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +3.1%
- 5-Year CAGR
- +1.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.0%, indicating consistent growth.
- In FY2025, r&d expense increased 2.4% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 4.40 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.3M | +2.4% |
| FY2024 | $15.9M | -12.4% |
| FY2023 | $18.1M | +22.0% |
| FY2022 | $14.8M | -10.4% |
| FY2021 | $16.6M | +6.9% |
| FY2020 | $15.5M | +43.0% |
| FY2019 | $10.8M | -21.8% |
| FY2018 | $13.9M | -5.7% |
| FY2017 | $14.7M | -11.1% |
| FY2016 | $16.5M | +12.5% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026