Toro annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Toro R&D Spending Growth & History (TTC)
Toro's r&d spending was $162.3M for fiscal 2025.
View full Toro company overviewToro annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | $162.3M | −$10.8M | −6.24% |
| 2024 | 2024-10-31 | $173.1M | −$800,000 | −0.46% |
| 2023 | 2023-10-31 | $173.9M | $18.3M | +11.76% |
| 2022 | 2022-10-31 | $155.6M | $14.6M | +10.35% |
| 2021 | 2021-10-31 | $141.0M | $16.9M | +13.62% |
| 2020 | 2020-10-31 | $124.1M | $15.0M | +13.75% |
| 2019 | 2019-10-31 | $109.1M | $25.6M | +30.66% |
| 2018 | 2018-10-31 | $83.5M | $3.1M | +3.86% |
| 2017 | 2017-10-31 | $80.4M | $3.0M | +3.88% |
| 2016 | 2016-10-31 | $77.4M | — | — |
Toro r&d spending trends
Over the last five fiscal years, Toro's r&d spending increased from $124.1M to $162.3M, a change of $38.2M.
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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