American Vanguard (AVD) Research & Development (2023 - 2026)
American Vanguard (AVD) reported Research & Development of $6.48 million for Q2 2026, up 11.7% from $5.8 million a year earlier and up 23.0% from the prior quarter.
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Analysis
American Vanguard (AVD) Research & Development (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Vanguard's Research & Development came in at $23.43 million, down 21.5% year-over-year; for FY2025, it was $23.16 million, down 29.1% from FY2024.
- Research & Development has a five-year compound annual growth rate of -2.5% (FY2020 to FY2025).
- By year, Research & Development came in at $32.66 million in FY2024 (-14.1%), $38.03 million in FY2023 (+19.5%), $31.82 million in FY2022 (+10.3%) and $28.86 million in FY2021 (+9.7%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development since Q4 2024.
- Year over year, Research & Development gained in two of the last eight quarters, with an average decline of 12.9%.
- The high point for year-over-year Research & Development in five years was Q3 2024 (growth of 23.1%); the low point was Q3 2025 (a decline of 49.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.27 million (Q1 2026), $6.02 million (Q4 2025) and $5.65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 388.00 Mn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 34.00 Mn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | - |
| 10 | American Vanguard | 53.10 Mn | -90.93 Mn | 34.71 Mn | 6.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48 Mn |
| Mar 31, 2026 | 5.27 Mn |
| Dec 31, 2025 | 6.02 Mn |
| Sep 30, 2025 | 5.65 Mn |
| Jun 30, 2025 | 5.80 Mn |
| Mar 31, 2025 | 5.68 Mn |
| Dec 31, 2024 | 7.18 Mn |
| Sep 30, 2024 | 11.18 Mn |
| Jun 30, 2024 | 8.60 Mn |
| Mar 31, 2024 | 5.71 Mn |
| Dec 31, 2023 | 10.66 Mn |
| Sep 30, 2023 | 9.08 Mn |
| Jun 30, 2023 | 9.41 Mn |
| Mar 31, 2023 | 8.87 Mn |
API Access
American Vanguard 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=AVD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AVD", "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=AVD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();