Quick Answer
Callaway Golf Co reported R&D Expense of $65.50 million for fiscal year 2025.
Callaway Golf Co R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $65.50M | +2.2% |
| 2024 | $64.10M | +3.7% |
| 2023 | $61.80M | -19.1% |
| 2022 | $76.40M | +12.4% |
| 2021 | $68.00M | +46.9% |
| 2020 | $46.30M | -8.5% |
| 2019 | $50.58M | +24.1% |
| 2018 | $40.75M | +11.4% |
| 2017 | $36.57M | +9.8% |
| 2016 | $33.32M | +0.3% |
| 2015 | $33.21M | +6.2% |
| 2014 | $31.29M | +1.1% |
| 2013 | $30.94M | +4.7% |
| 2012 | $29.54M | -13.9% |
| 2011 | $34.31M | -5.7% |
| 2010 | $36.38M | +12.9% |
| 2009 | $32.21M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $20.10M | -8.6% | +1.5% |
| June 30, 2025 | $19.80M | -26.7% | -7.0% |
| March 31, 2025 | $21.30M | -8.2% | -3.2% |
| September 30, 2024 | $22.00M | -2.7% | -18.5% |
| June 30, 2024 | $27.00M | +22.7% | +16.4% |
| March 31, 2024 | $23.20M | +1.8% | +2.7% |
| September 30, 2023 | $22.60M | +17.7% | +2.7% |
| June 30, 2023 | $22.00M | +17.6% | -3.5% |
- Callaway Golf Co showed an increase of +2.2% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2025 period, Callaway Golf Co’s r&d expense has grown by 103.3% (from $32.21 million to $65.50 million).
- The most recent figure is from Callaway Golf Co’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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