What is American Vanguard's R&D?

American Vanguard (AVD) reported R&D of $5.27M in Q1 2026.

How has American Vanguard's R&D changed year-over-year?

American Vanguard's R&D decreased by 7.2% year-over-year, from $5.68M to $5.27M.

What is the long-term trend for American Vanguard's R&D?

Over 4 years (2021 to 2025), American Vanguard's R&D has grown at a -5.3% compound annual growth rate (CAGR), from $28.86M to $23.16M.

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

American Vanguard AVD R&D

R&D at other companies

FMC CorporationFMC

$65.5M-4.7%

CortevaCTVA

$351M+0.9%

AlbemarleALB

$9.17M-35.0%

BalchemBCPC

$5.88M+26.1%

eXoZymes Inc. Common StockEXOZ

$1.12M+95.0%

Solesence, Inc. Common StockSLSN

$1.04M+2.4%

Other financials

Income statement

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Revenue$123.6M+6.7%

Gross profit$38.4M+27.2%

Operating income$1.9M+144%

Net income-$4.1M+51.0%

EPS (diluted)-$0.14+53.3%

Balance sheet

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Cash & equivalents$70.9M+501%

Total debt$283.1M+51.8%

Total assets$665.2M+5.3%

Cash flow

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Operating cash flow-$35.4M-72.2%

CapEx$971.0K+125%

Free cash flow-$36.4M-73.3%

Valuation

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Market cap$80.1M-24.7%

Enterprise value$292.32M-2.7%

P/S0.2×0.0×

Profitability

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Gross margin29.8%+9.3pp

Operating margin-4.2%-1.9pp

Net margin-8.7%-3.5pp

FCF margin-9.9%-14.9pp

Returns & leverage

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Return on equity7.6%—

Debt / equity0.3×—

Current ratio2.3×+0.5×

Where this comes from

Reported directly by American Vanguard in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: American Vanguard’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Vanguard's R&D?: American Vanguard (AVD) reported R&D of $5.27M in Q1 2026.
How has American Vanguard's R&D changed year-over-year?: American Vanguard's R&D decreased by 7.2% year-over-year, from $5.68M to $5.27M.
What is the long-term trend for American Vanguard's R&D?: Over 4 years (2021 to 2025), American Vanguard's R&D has grown at a -5.3% compound annual growth rate (CAGR), from $28.86M to $23.16M.
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.