Company / R&D Expense
STRATTEC SECURITY CORP R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$14.8M
FY2025
5-year range
$9.8M / $15.9M
FY2021-FY2025
Trend
-6.9%
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 $280,000 in FY2017 to $16M in FY2024.
Based on SEC 10-K filings.
$15M in FY2025 with a 5-year CAGR of +1.4%.
Improved from $12M to $15M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +11.1%
- 5-Year CAGR
- +1.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 6.9% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2017.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.8M | -6.9% |
| FY2024 | $15.9M | +30.3% |
| FY2023 | $12.2M | +13.0% |
| FY2022 | $10.8M | +10.2% |
| FY2021 | $9.8M | -29.0% |
| FY2020 | $13.8M | +187.5% |
| FY2019 | $4.8M | +1016.3% |
| FY2018 | $430.0K | +53.6% |
| FY2017 | $280.0K | -60.0% |
| FY2016 | $700.0K | -46.2% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026