Company / R&D Expense
WD-40 Company R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$8.7M
FY2025
5-year range
$6.0M / $8.7M
FY2021-FY2025
Trend
+8.8%
vs FY2024
Sector context
#33 of 39
Consumer Staples
What the data says
WD-40 Company's r&d expense of $9M is lower than 85% of companies in the Consumer Staples sector (FY2025). R&D Expense has increased for 3 consecutive years, from $6M in FY2022 to $9M in FY2025.
Based on SEC 10-K filings.
$9M in FY2025 with a 5-year CAGR of +4.4%.
Improved from $6M to $9M over the past 2 years.
Consumer Staples sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +13.2%
- 5-Year CAGR
- +4.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 15% in Consumer StaplesTop 85% of 39This company $8.7M Sector average $203.6M
▼
-95.7% below sector average
Key checks
Key Insights
- WD-40 Company's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +4.4%, indicating consistent growth.
- In FY2025, r&d expense increased 8.8% year-over-year.
- Ranks #33 out of 39 companies in the Consumer Staples sector.
Company context
Key Data Points
- Altman Z-Score 3.76 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $8.7M | +8.8% |
| FY2024 | $8.0M | +29.0% |
| FY2023 | $6.2M | +3.3% |
| FY2022 | $6.0M | -7.7% |
| FY2021 | $6.5M | -7.1% |
| FY2020 | $7.0M | -16.7% |
| FY2019 | $8.4M | +9.1% |
| FY2018 | $7.7M | -8.3% |
| FY2017 | $8.4M | +21.7% |
| FY2016 | $6.9M | -4.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026