Company / R&D Expense
Seer, Inc. R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$50.6M
FY2025
5-year range
$18.9M / $53.0M
FY2021-FY2025
Trend
-4.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $46M to $51M over the past 2 years.
Based on SEC 10-K filings.
$51M in FY2025 with a 3-year CAGR of +20.2%.
Improved from $46M to $51M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +20.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +20.2%, indicating consistent growth.
- In FY2025, r&d expense decreased 4.6% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -4.92 (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 | $50.6M | -4.6% |
| FY2024 | $53.0M | +15.8% |
| FY2023 | $45.8M | +57.3% |
| FY2022 | $29.1M | +53.7% |
| FY2021 | $18.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026