Quick Answer
MILESTONE SCIENTIFIC INC. reported R&D Expense of $449.5 thousand for fiscal year 2025.
MILESTONE SCIENTIFIC INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $449.5K | -47.7% |
| 2024 | $858.8K | +22.4% |
| 2023 | $701.4K | -39.0% |
| 2022 | $1.15M | +31.0% |
| 2021 | $878.2K | +185.3% |
| 2020 | $307.9K | +62.1% |
| 2019 | $189.9K | -22.7% |
| 2018 | $245.6K | -9.9% |
| 2017 | $272.7K | -78.5% |
| 2016 | $1.27M | +1159.7% |
| 2015 | $100.9K | +14.3% |
| 2014 | $88.2K | -53.9% |
| 2013 | $191.3K | +5.1% |
| 2012 | $182.0K | +29.9% |
| 2011 | $140.1K | -48.2% |
| 2010 | $270.5K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $16.2K | -93.0% | -68.7% |
| June 30, 2025 | $51.8K | -83.6% | -86.0% |
| March 31, 2025 | $369.1K | +291.8% | +59.1% |
| September 30, 2024 | $232.1K | +36.1% | -26.3% |
| June 30, 2024 | $315.0K | +47.4% | +234.3% |
| March 31, 2024 | $94.2K | -32.9% | -44.7% |
| September 30, 2023 | $170.5K | +2.6% | -20.2% |
| June 30, 2023 | $213.6K | -19.9% | +52.2% |
- MILESTONE SCIENTIFIC INC. showed a decrease of -47.7% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, MILESTONE SCIENTIFIC INC.’s r&d expense has grown by 66.2% (from $270.5 thousand to $449.5 thousand).
- The most recent figure is from MILESTONE SCIENTIFIC INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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