Quick Answer
UNITED GUARDIAN INC reported R&D Expense of $463.6 thousand for fiscal year 2025.
UNITED GUARDIAN INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $463.6K | +1.5% |
| 2024 | $456.8K | -1.6% |
| 2023 | $464.0K | -5.5% |
| 2022 | $490.8K | +2.5% |
| 2021 | $478.6K | +6.1% |
| 2020 | $451.2K | +13.5% |
| 2019 | $397.4K | -0.5% |
| 2018 | $399.5K | -38.2% |
| 2017 | $646.1K | -0.9% |
| 2016 | $651.8K | +0.6% |
| 2015 | $648.2K | -11.3% |
| 2014 | $730.4K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $117.1K | +5.4% | +8.6% |
| June 30, 2025 | $107.9K | -3.4% | -5.7% |
| March 31, 2025 | $114.4K | +11.1% | +3.0% |
| September 30, 2024 | $111.1K | +13.2% | -0.5% |
| June 30, 2024 | $111.7K | -13.3% | +8.4% |
| March 31, 2024 | $103.0K | -18.9% | +4.9% |
| September 30, 2023 | $98.1K | -18.8% | -23.8% |
| June 30, 2023 | $128.7K | +14.7% | +1.4% |
- UNITED GUARDIAN INC showed an increase of +1.5% in R&D Expense compared to the prior fiscal year.
- Over the 2014–2025 period, UNITED GUARDIAN INC’s r&d expense has declined by 36.5% (from $730.4 thousand to $463.6 thousand).
- The most recent figure is from UNITED GUARDIAN INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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