Quick Answer
Track Group, Inc. reported R&D Expense of $2.80 million for fiscal year 2025.
Track Group, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.80M | +1.8% |
| 2024 | $2.75M | +0.5% |
| 2023 | $2.74M | +12.4% |
| 2022 | $2.43M | +57.1% |
| 2021 | $1.55M | +30.9% |
| 2020 | $1.18M | -10.0% |
| 2019 | $1.31M | +52.4% |
| 2018 | $862.1K | -51.7% |
| 2017 | $1.78M | -26.1% |
| 2016 | $2.42M | +54.6% |
| 2015 | $1.56M | -2.7% |
| 2014 | $1.61M | +62.5% |
| 2013 | $987.9K | -20.9% |
| 2012 | $1.25M | -14.1% |
| 2011 | $1.45M | -2.0% |
| 2010 | $1.48M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $694.1K | +3.7% | +2.7% |
| June 30, 2025 | $675.9K | -3.5% | -10.0% |
| March 31, 2025 | $750.6K | +7.1% | +12.1% |
| December 31, 2024 | $669.4K | -1.9% | -4.4% |
| June 30, 2024 | $700.2K | -6.7% | -0.1% |
| March 31, 2024 | $701.2K | -0.8% | +2.7% |
| December 31, 2023 | $682.5K | +15.7% | -9.0% |
| June 30, 2023 | $750.1K | +28.6% | +6.1% |
- Track Group, Inc. showed an increase of +1.8% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, Track Group, Inc.’s r&d expense has grown by 88.7% (from $1.48 million to $2.80 million).
- The most recent figure is from Track Group, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 19, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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