Omnitek Engineering Corp R&D Expense

Quick Answer

Omnitek Engineering Corp reported R&D Expense of $70.3 thousand for fiscal year 2024.

Omnitek Engineering Corp R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $70.3K +4.1%
2023 $67.6K +1.7%
2022 $66.4K +4.1%
2021 $63.8K -22.2%
2020 $82.1K -23.3%
2019 $106.9K +0.0%
2018 $106.9K -10.1%
2017 $118.9K -36.4%
2016 $187.1K -36.6%
2015 $295.2K -50.8%
2014 $600.1K +105.4%
2013 $292.2K +2.3%
2012 $285.7K +99.4%
2011 $143.3K +7.5%
2010 $133.3K

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $17.0K -3.6% +0.1%
June 30, 2025 $17.0K -3.6% -7.2%
March 31, 2025 $18.3K -0.9% +3.7%
September 30, 2024 $17.7K -2.3% +0.2%
June 30, 2024 $17.6K +16.0% -4.6%
March 31, 2024 $18.5K +3.0% +2.2%
September 30, 2023 $18.1K -2.5% +18.9%
June 30, 2023 $15.2K -1.2% -15.3%
  • Omnitek Engineering Corp showed an increase of +4.1% in R&D Expense compared to the prior fiscal year.
  • Over the 2010–2024 period, Omnitek Engineering Corp’s r&d expense has declined by 47.2% (from $133.3 thousand to $70.3 thousand).
  • The most recent figure is from Omnitek Engineering Corp’s fiscal year 2024 report (Form 10-K), filed with the SEC on April 15, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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