Modine Manufacturing R&D Spending Growth & History (MOD)

Modine Manufacturing's r&d spending was $29.3M for fiscal 2026.

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Modine Manufacturing annual r&d spending history

Modine Manufacturing annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20262026-03-31$29.3M−$5.6M−16.05%
20252025-03-31$34.9M−$7.1M−16.90%
20242024-03-31$42.0M−$2.0M−4.55%
20232023-03-31$44.0M−$6.3M−12.52%
20222022-03-31$50.3M$4.0M+8.64%
20212021-03-31$46.3M−$13.2M−22.18%
20202020-03-31$59.5M−$10.3M−14.76%
20192019-03-31$69.8M$4.0M+6.08%
20182018-03-31$65.8M$1.4M+2.17%
20172017-03-31$64.4M$3.3M+5.40%
20162016-03-31$61.1M−$900,000−1.45%
20152015-03-31$62.0M$300,000+0.49%
20142014-03-31$61.7M−$6.7M−9.80%
20132013-03-31$68.4M−$1.8M−2.56%
20122012-03-31$70.2M$3.2M+4.78%
20112011-03-31$67.0M

Modine Manufacturing r&d spending trends

Over the last five fiscal years, Modine Manufacturing's r&d spending decreased from $46.3M to $29.3M, a change of −$17.0M.

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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