Arts Way Manufacturing (ARTW) Research & Development (2009 - 2026)
Arts Way Manufacturing's Research & Development came in at $99,092 for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 13.5% from $87,339 a year earlier and up 5.3% from the prior quarter.
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Analysis
Arts Way Manufacturing (ARTW) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Arts Way Manufacturing reported Research & Development of $386,982, up 12.9% year-over-year; for FY2025 (ended Nov 30, 2025), it was $343,964, down 20.5% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -6.3% (FY2020 to FY2025).
- Going back by fiscal year, Research & Development was $432,587 in FY2024 (-27.7%), $598,065 in FY2023 (+3.0%), $580,537 in FY2022 (+14.9%) and $505,085 in FY2021 (+5.9%).
- The five-year range for quarterly Research & Development is $78,949 (fiscal Q3 2024) to $170,595 (fiscal Q3 2023).
- Year-over-year, Research & Development has increased for five consecutive quarters, with an average decline of 6.5% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in fiscal Q1 2026 (growth of 25.0%), and the weakest in fiscal Q3 2024 (a decline of 53.7%).
- Business Quant data shows ARTW's Research & Development at $94,062 (Q2 2026), $106,548 (Q1 2026) and $87,280 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | - |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | - |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | - |
| 10 | Arts Way Manufacturing | 14.79 Mn | 14.77 Mn | 1.66 Mn | 99,092.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 99,092.00 |
| May 31, 2026 | 94,062.00 |
| Feb 28, 2026 | 106,548.00 |
| Nov 30, 2025 | 87,280.00 |
| Aug 31, 2025 | 87,339.00 |
| May 31, 2025 | 84,115.00 |
| Feb 28, 2025 | 85,230.00 |
| Nov 30, 2024 | 86,214.00 |
| Aug 31, 2024 | 78,949.00 |
| May 31, 2024 | 107,072.00 |
| Feb 29, 2024 | 160,353.00 |
| Nov 30, 2023 | 158,678.00 |
| Aug 31, 2023 | 170,595.00 |
| May 31, 2023 | 140,497.00 |
| Feb 28, 2023 | 128,295.00 |
| Nov 30, 2022 | 134,425.00 |
| Aug 31, 2022 | 168,098.00 |
| May 31, 2022 | 143,943.00 |
| Feb 28, 2022 | 134,071.00 |
| Nov 30, 2021 | 117,938.00 |
API Access
Arts Way Manufacturing Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ARTW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ARTW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ARTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();