Company / R&D Expense
WABASH NATIONAL Corp R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$7.5M
FY2025
5-year range
$5.3M / $21.9M
FY2021-FY2025
Trend
+41.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $8M.
Based on SEC 10-K filings.
$8M in FY2025 with a 5-year CAGR of -3.1%.
Declined from $14M to $8M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -30.0%
- 5-Year CAGR
- -3.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -3.1%, indicating a declining trend.
- In FY2025, r&d expense increased 41.5% year-over-year.
- Peak r&d expense was recorded in FY2022.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 3.14 (safe zone, above 2.9 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 | $7.5M | +41.5% |
| FY2024 | $5.3M | -61.0% |
| FY2023 | $13.6M | -37.9% |
| FY2022 | $21.9M | +12.3% |
| FY2021 | $19.5M | +121.6% |
| FY2020 | $8.8M | +125.6% |
| FY2019 | $3.9M | -39.1% |
| FY2018 | $6.4M | +33.3% |
| FY2017 | $4.8M | +182.4% |
| FY2016 | $1.7M | -32.0% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026