Cyanotech Corp (CYAN) Research & Development (2010 - 2025)
Cyanotech's Research & Development was $78,000 in fiscal Q2 2026 (quarter ended Sep 30, 2025), down 43.1% from $137,000 a year earlier but up 5.4% from the prior quarter.
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Cyanotech Corp (CYAN) Research & Development (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Cyanotech's Research & Development was $380,000 through Sep 30, 2025, down 30.0% year-over-year; for FY2025 (ended Mar 31, 2025), it was $449,000, down 34.8% from FY2024.
- Research & Development shows a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- In earlier fiscal years, Research & Development was $689,000 in FY2024 (-10.5%), $770,000 in FY2023 (+8.1%), $712,000 in FY2022 (+11.4%) and $639,000 in FY2021 (+5.1%).
- Quarterly Research & Development has moved between $74,000 (fiscal Q1 2026) and $246,000 (fiscal Q1 2023) over five years.
- Compared with a year earlier, Research & Development has declined for seven straight quarters, with an average decline of 20.4% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q4 2022 (growth of 90.8%); the worst was fiscal Q1 2025 (a decline of 56.0%).
- Per Business Quant data, CYAN's Research & Development in the three fiscal quarters before Q2 2026 was $74,000 (Q1 2026), $101,000 (Q4 2025) and $127,000 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 78,000.00 |
| Jun 30, 2025 | 74,000.00 |
| Mar 31, 2025 | 101,000.00 |
| Dec 31, 2024 | 127,000.00 |
| Sep 30, 2024 | 137,000.00 |
| Jun 30, 2024 | 84,000.00 |
| Mar 31, 2024 | 159,000.00 |
| Dec 31, 2023 | 163,000.00 |
| Sep 30, 2023 | 175,000.00 |
| Jun 30, 2023 | 191,000.00 |
| Mar 31, 2023 | 214,000.00 |
| Dec 31, 2022 | 106,000.00 |
| Sep 30, 2022 | 206,000.00 |
| Jun 30, 2022 | 246,000.00 |
| Mar 31, 2022 | 229,000.00 |
| Dec 31, 2021 | 200,000.00 |
| Sep 30, 2021 | 127,000.00 |
| Jun 30, 2021 | 156,000.00 |
| Mar 31, 2021 | 120,000.00 |
| Dec 31, 2020 | 211,000.00 |
API Access
Cyanotech Corp 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=CYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CYAN", "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=CYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();