Company / R&D Expense
VERU INC. R&D Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$51.2M
FY2024
5-year range
$13.7M / $70.6M
FY2020-FY2024
Trend
-27.5%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $33M to $51M over the past 2 years.
Based on SEC 10-K filings.
$51M in FY2024 with a 5-year CAGR of +36.4%.
Improved from $33M to $51M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +44.6%
- 5-Year CAGR
- +36.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +36.4%, indicating consistent growth.
- In FY2024, r&d expense decreased 27.5% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2015.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -4.07 (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 |
|---|---|---|
| FY2024 | $51.2M | -27.5% |
| FY2023 | $70.6M | +116.1% |
| FY2022 | $32.7M | +93.1% |
| FY2021 | $16.9M | +23.2% |
| FY2020 | $13.7M | +26.7% |
| FY2019 | $10.9M | +252.7% |
| FY2018 | $3.1M | +1299.5% |
| FY2017 | $219.8K | +3842.9% |
| FY2016 | $5.6K | +17.5% |
| FY2015 | $4.7K | -10.1% |
As of FY2024 · SEC 10-K · Updated Jun 28, 2026