Sonoco Products R&D Spending Growth & History (SON)
Sonoco Products's r&d spending was $21.5M for fiscal 2025.
View full Sonoco Products company overviewSonoco Products annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $21.5M | −$1.5M | −6.52% |
| 2024 | 2024-12-31 | $23.0M | −$900,000 | −3.77% |
| 2023 | 2023-12-31 | $23.9M | $800,000 | +3.46% |
| 2022 | 2022-12-31 | $23.1M | −$1.0M | −4.15% |
| 2021 | 2021-12-31 | $24.1M | $2.1M | +9.55% |
| 2020 | 2020-12-31 | $22.0M | −$1.3M | −5.58% |
| 2019 | 2019-12-31 | $23.3M | $100,000 | +0.43% |
| 2018 | 2018-12-31 | $23.2M | $2.2M | +10.48% |
| 2017 | 2017-12-31 | $21.0M | −$1.5M | −6.67% |
| 2016 | 2016-12-31 | $22.5M | $400,000 | +1.81% |
| 2015 | 2015-12-31 | $22.1M | −$2.1M | −8.68% |
| 2014 | 2014-12-31 | $24.2M | $4.1M | +20.40% |
| 2013 | 2013-12-31 | $20.1M | −$100,000 | −0.50% |
| 2012 | 2012-12-31 | $20.2M | $1.4M | +7.45% |
| 2011 | 2011-12-31 | $18.8M | $1.0M | +5.62% |
| 2010 | 2010-12-31 | $17.8M | $3.3M | +22.87% |
| 2009 | 2009-12-31 | $14.5M | — | — |
Sonoco Products r&d spending trends
Over the last five fiscal years, Sonoco Products's r&d spending decreased from $22.0M to $21.5M, a change of −$500,000.
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.
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 Sonoco Products source filings ↗