Snap-on annual r&d spending
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Snap-on R&D Spending Growth & History (SNA)
Snap-on's r&d spending was $72.4M for fiscal 2025.
View full Snap-on company overviewSnap-on annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-03 | $72.4M | $5.4M | +8.06% |
| 2024 | 2024-12-28 | $67.0M | $2.3M | +3.55% |
| 2023 | 2023-12-30 | $64.7M | $4.6M | +7.65% |
| 2022 | 2022-12-31 | $60.1M | −$1.0M | −1.64% |
| 2021 | 2022-01-01 | $61.1M | $3.7M | +6.45% |
| 2020 | 2021-01-02 | $57.4M | −$1.7M | −2.88% |
| 2019 | 2019-12-28 | $59.1M | −$2.1M | −3.43% |
| 2018 | 2018-12-29 | $61.2M | $300,000 | +0.49% |
| 2017 | 2017-12-30 | $60.9M | $7.5M | +14.04% |
| 2016 | 2016-12-31 | $53.4M | $4.1M | +8.32% |
| 2015 | 2016-01-02 | $49.3M | −$3.1M | −5.92% |
| 2014 | 2015-01-03 | $52.4M | $4.0M | +8.26% |
| 2013 | 2013-12-28 | $48.4M | $3.6M | +8.04% |
| 2012 | 2012-12-29 | $44.8M | $3.6M | +8.74% |
| 2011 | 2011-12-31 | $41.2M | $3.1M | +8.14% |
| 2010 | 2011-01-01 | $38.1M | $1.4M | +3.81% |
| 2009 | 2010-01-02 | $36.7M | — | — |
Snap-on r&d spending trends
Over the last five fiscal years, Snap-on's r&d spending increased from $57.4M to $72.4M, a change of $15.0M.
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.
Review Snap-on source filings ↗