ASTEC INDUSTRIES INC R&D Expense

Quick Answer

ASTEC INDUSTRIES INC reported R&D Expense of $31.50 million for fiscal year 2022.

ASTEC INDUSTRIES INC R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2022 $31.50M +18.9%
2021 $26.50M +19.9%
2020 $22.10M -18.8%
2019 $27.20M -3.9%
2018 $28.30M +5.5%
2017 $26.82M +7.4%
2016 $24.97M +5.5%
2015 $23.68M +7.0%
2014 $22.13M +22.3%
2013 $18.10M -11.8%
2012 $20.52M -1.2%
2011 $20.76M +29.9%
2010 $15.99M -11.3%
2009 $18.03M -4.7%
2008 $18.92M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2022 $8.50M +26.9% +13.3%
June 30, 2022 $7.50M +7.1% +7.1%
March 31, 2022 $7.00M +11.1% +4.5%
September 30, 2021 $6.70M +17.5% -4.3%
June 30, 2021 $7.00M +29.6% +11.1%
March 31, 2021 $6.30M -3.1% +10.5%
September 30, 2020 $5.70M +5.6%
June 30, 2020 $5.40M -16.9%
  • ASTEC INDUSTRIES INC showed an increase of +18.9% in R&D Expense compared to the prior fiscal year.
  • Over the 2008–2022 period, ASTEC INDUSTRIES INC’s r&d expense has grown by 66.5% (from $18.92 million to $31.50 million).
  • The most recent figure is from ASTEC INDUSTRIES INC’s fiscal year 2022 report (Form 10-K), filed with the SEC on March 1, 2023.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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