Quick Answer
AMERICAN VANGUARD CORP reported R&D Expense of $23.16 million for fiscal year 2025.
AMERICAN VANGUARD CORP R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $23.16M | -29.1% |
| 2024 | $32.66M | -14.1% |
| 2023 | $38.02M | +19.5% |
| 2022 | $31.82M | +10.3% |
| 2021 | $28.86M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $5.65M | -49.4% | -2.6% |
| June 30, 2025 | $5.80M | -32.5% | +2.1% |
| March 31, 2025 | $5.68M | -0.4% | -49.2% |
| September 30, 2024 | $11.18M | +23.1% | +30.0% |
| June 30, 2024 | $8.60M | -8.6% | +50.7% |
| March 31, 2024 | $5.71M | -35.7% | -37.2% |
| September 30, 2023 | $9.08M | — | -3.5% |
| June 30, 2023 | $9.41M | — | +6.1% |
- AMERICAN VANGUARD CORP showed a decrease of -29.1% in R&D Expense compared to the prior fiscal year.
- Over the 2021–2025 period, AMERICAN VANGUARD CORP’s r&d expense has declined by 19.7% (from $28.86 million to $23.16 million).
- The most recent figure is from AMERICAN VANGUARD CORP’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 16, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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