Nortech Systems annual r&d spending
2020
2021
2022
2023
2024
2025
Nortech Systems R&D Spending Growth & History (NSYS)
Nortech Systems's r&d spending was $1.2M for fiscal 2025.
View full Nortech Systems company overviewNortech Systems annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.2M | −$19,000 | −1.60% |
| 2024 | 2024-12-31 | $1.2M | −$8,000 | −0.67% |
| 2023 | 2023-12-31 | $1.2M | −$264,000 | −18.05% |
| 2022 | 2022-12-31 | $1.5M | $980,000 | +202.90% |
| 2021 | 2021-12-31 | $483,000 | $483,000 | — |
| 2020 | 2020-12-31 | $0 | — | — |
Nortech Systems quarterly r&d spending
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $346,000 | $44,000 | +14.57% |
| Q1 2026 | 2026-03-31 | $310,000 | −$16,000 | −4.91% |
| Q4 2025 | 2025-12-31 | $278,000 | −$20,000 | −6.71% |
| Q3 2025 | 2025-09-30 | $266,000 | −$18,000 | −6.34% |
| Q2 2025 | 2025-06-30 | $302,000 | $11,000 | +3.78% |
| Q1 2025 | 2025-03-31 | $326,000 | $8,000 | +2.52% |
| Q4 2024 | 2024-12-31 | $298,000 | $6,000 | +2.05% |
| Q3 2024 | 2024-09-30 | $284,000 | −$30,000 | −9.55% |
| Q2 2024 | 2024-06-30 | $291,000 | −$26,000 | −8.20% |
| Q1 2024 | 2024-03-31 | $318,000 | $42,000 | +15.22% |
| Q4 2023 | 2023-12-31 | $292,000 | −$17,000 | −5.50% |
| Q3 2023 | 2023-09-30 | $314,000 | −$161,000 | −33.89% |
| Q2 2023 | 2023-06-30 | $317,000 | −$34,000 | −9.69% |
| Q1 2023 | 2023-03-31 | $276,000 | −$52,000 | −15.85% |
| Q4 2022 | 2022-12-31 | $309,000 | $174,000 | +128.89% |
| Q3 2022 | 2022-09-30 | $475,000 | $334,000 | +236.88% |
| Q2 2022 | 2022-06-30 | $351,000 | $144,000 | +69.57% |
| Q1 2022 | 2022-03-31 | $328,000 | $328,000 | — |
| Q4 2021 | 2021-12-31 | $135,000 | — | — |
| Q3 2021 | 2021-09-30 | $141,000 | $141,000 | — |
| Q2 2021 | 2021-06-30 | $207,000 | $207,000 | — |
| Q1 2021 | 2021-03-31 | $0 | — | — |
| Q3 2020 | 2020-09-30 | $0 | — | — |
| Q2 2020 | 2020-06-30 | $0 | — | — |
Nortech Systems r&d spending trends
Over the last five fiscal years, Nortech Systems's r&d spending increased from $0 to $1.2M, a change of $1.2M. The latest reported quarter, Q2 2026, shows $346,000.
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.
Review Nortech Systems source filings ↗