Quick Answer
GENCOR INDUSTRIES INC reported R&D Expense of $2.76 million for fiscal year 2025.
GENCOR INDUSTRIES INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.76M | -16.8% |
| 2024 | $3.31M | -4.2% |
| 2023 | $3.46M | -20.0% |
| 2022 | $4.33M | +1.1% |
| 2021 | $4.28M | +39.8% |
| 2020 | $3.06M | -7.1% |
| 2019 | $3.29M | +13.0% |
| 2018 | $2.92M | +35.8% |
| 2017 | $2.15M | +37.0% |
| 2016 | $1.57M | +10.2% |
| 2015 | $1.42M | +0.0% |
| 2014 | $1.42M | -17.0% |
| 2013 | $1.71M | -26.8% |
| 2012 | $2.34M | +5.8% |
| 2011 | $2.21M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $758.0K | +12.0% | +2.3% |
| June 30, 2025 | $741.0K | -10.1% | +8.8% |
| March 31, 2025 | $681.0K | -23.7% | +0.6% |
| December 31, 2024 | $677.0K | -15.5% | -17.8% |
| June 30, 2024 | $824.0K | -2.5% | -7.7% |
| March 31, 2024 | $893.0K | +2.2% | +11.5% |
| December 31, 2023 | $801.0K | -10.7% | -5.2% |
| June 30, 2023 | $845.0K | -11.1% | -3.3% |
- GENCOR INDUSTRIES INC showed a decrease of -16.8% in R&D Expense compared to the prior fiscal year.
- Over the 2011–2025 period, GENCOR INDUSTRIES INC’s r&d expense has grown by 24.7% (from $2.21 million to $2.76 million).
- The most recent figure is from GENCOR INDUSTRIES INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 9, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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