Miller Industries annual r&d spending
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Miller Industries R&D Spending Growth & History (MLR)
Miller Industries's r&d spending was $8.2M for fiscal 2025.
View full Miller Industries company overviewMiller Industries annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.2M | $2.0M | +32.26% |
| 2024 | 2024-12-31 | $6.2M | $200,000 | +3.33% |
| 2023 | 2023-12-31 | $6.0M | $2.0M | +50.00% |
| 2022 | 2022-12-31 | $4.0M | $400,000 | +11.11% |
| 2021 | 2021-12-31 | $3.6M | −$1.1M | −23.70% |
| 2020 | 2020-12-31 | $4.7M | $1.0M | +27.44% |
| 2019 | 2019-12-31 | $3.7M | $575,000 | +18.39% |
| 2018 | 2018-12-31 | $3.1M | $1.2M | +60.94% |
| 2017 | 2017-12-31 | $1.9M | $146,000 | +8.12% |
| 2016 | 2016-12-31 | $1.8M | $202,000 | +12.66% |
| 2015 | 2015-12-31 | $1.6M | −$304,000 | −16.01% |
| 2014 | 2014-12-31 | $1.9M | $595,000 | +45.63% |
| 2013 | 2013-12-31 | $1.3M | −$132,000 | −9.19% |
| 2012 | 2012-12-31 | $1.4M | −$486,000 | −25.29% |
| 2011 | 2011-12-31 | $1.9M | $636,000 | +49.46% |
| 2010 | 2010-12-31 | $1.3M | — | — |
Miller Industries r&d spending trends
Over the last five fiscal years, Miller Industries's r&d spending increased from $4.7M to $8.2M, a change of $3.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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