Quick Answer
NORTECH SYSTEMS INC reported R&D Expense of $1.17 million for fiscal year 2025.
NORTECH SYSTEMS INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.17M | -1.6% |
| 2024 | $1.19M | -0.7% |
| 2023 | $1.20M | -18.0% |
| 2022 | $1.46M | +202.9% |
| 2021 | $483.0K | — |
| 2020 | $0.00 | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $266.0K | -6.3% | -11.9% |
| June 30, 2025 | $302.0K | +3.8% | -7.4% |
| March 31, 2025 | $326.0K | +2.5% | +14.8% |
| September 30, 2024 | $284.0K | -9.6% | -2.4% |
| June 30, 2024 | $291.0K | -8.2% | -8.5% |
| March 31, 2024 | $318.0K | +15.2% | +1.3% |
| September 30, 2023 | $314.0K | -33.9% | -0.9% |
| June 30, 2023 | $317.0K | -9.7% | +14.9% |
- NORTECH SYSTEMS INC showed a decrease of -1.6% in R&D Expense compared to the prior fiscal year.
- The most recent figure is from NORTECH SYSTEMS INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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