What is Apogee Enterprises's R&D?

Apogee Enterprises (APOG) reported R&D of $2.8M in Q1 2026.

How has Apogee Enterprises's R&D changed year-over-year?

Apogee Enterprises's R&D decreased by 61.4% year-over-year, from $7.25M to $2.8M.

What is the long-term trend for Apogee Enterprises's R&D?

Over 4 years (2022 to 2026), Apogee Enterprises's R&D has grown at a -10.3% compound annual growth rate (CAGR), from $17.3M to $11.2M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Apogee Enterprises APOG R&D

R&D at other companies

AlcoaAA

$10M-16.7%

AllegionALLE

$33M+17.1%

PPG IndustriesPPG

$113M+10.8%

Howmet AerospaceHWM

$9M+12.5%

ConstelliumCSTM

$13M0.0%

Axalta Coating SystemsAXTA

$18M+5.9%

Other financials

Income statement

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Revenue$351.4M+1.6%

Gross profit$78.7M+5.6%

Operating income$25.8M+320%

Net income$16.6M+569%

EPS (diluted)$0.78+500%

Balance sheet

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Cash & equivalents$39.5M-4.6%

Total debt$286.4M-18.6%

Total equity$511.8M+4.9%

Total assets$1.1B-4.5%

Cash flow

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Operating cash flow$55.8M+85.9%

CapEx$9.0M-17.5%

Free cash flow$46.9M+145%

Valuation

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Market cap$895.89M+10.2%

Enterprise value$1.14B+1.8%

P/E16.6×+7.0×

P/S0.6×0.0×

Profitability

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Gross margin22.7%-3.7pp

Operating margin6%-2.7pp

Net margin3.9%-2.4pp

FCF margin6.8%+0.2pp

Returns & leverage

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Return on equity10.8%-6.9pp

Debt / equity0.6×-0.2×

Current ratio1.6×+0.1×

Where this comes from

Reported directly by Apogee Enterprises in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Apogee Enterprises’s 10-K, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apogee Enterprises's R&D?: Apogee Enterprises (APOG) reported R&D of $2.8M in Q1 2026.
How has Apogee Enterprises's R&D changed year-over-year?: Apogee Enterprises's R&D decreased by 61.4% year-over-year, from $7.25M to $2.8M.
What is the long-term trend for Apogee Enterprises's R&D?: Over 4 years (2022 to 2026), Apogee Enterprises's R&D has grown at a -10.3% compound annual growth rate (CAGR), from $17.3M to $11.2M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.