Company / R&D Expense
Vuzix Corp R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$12.3M
FY2025
5-year range
$7.6M / $12.7M
FY2021-FY2025
Trend
-2.7%
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 $4M in FY2017 to $13M in FY2024.
Based on SEC 10-K filings.
$12M in FY2025 with a 5-year CAGR of +3.5%.
Improved from $12M to $12M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +17.7%
- 5-Year CAGR
- +3.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +3.5%, indicating consistent growth.
- In FY2025, r&d expense decreased 2.7% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.3M | -2.7% |
| FY2024 | $12.7M | +8.6% |
| FY2023 | $11.7M | +54.3% |
| FY2022 | $7.6M | -15.0% |
| FY2021 | $8.9M | -14.2% |
| FY2020 | $10.4M | +54.8% |
| FY2019 | $6.7M | -3.5% |
| FY2018 | $6.9M | +93.2% |
| FY2017 | $3.6M | +0.0% |
| FY2016 | $3.6M | +105.2% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026