Gencor Industries (GENC) Research & Development (2010 - 2026)
Gencor Industries (GENC) posted Research & Development of $629000.0 for Q1 2026, down 17.02% on a QoQ basis from $758000.0 in Q4 2025, and down 7.64% year-over-year from $681000.0 in Q1 2025.
Gencor Industries (GENC) Research & Development (2010 - 2026) Analysis & Trends
Gencor Industries' Research & Development history runs 17 years deep, the most recent figure standing at $629000.0 for Q1 2026.
- Quarterly Research & Development fell 7.64% year-over-year to $629000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 million (down 6.38% YoY) and the FY2025 annual result came in at $2.8 million, down 16.75% from the prior year.
- Research & Development was $629000.0 for Q1 2026 at Gencor Industries, down from $758000.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.1 million in Q3 2022 and bottomed at $629000.0 in Q1 2026.
- A 5-year average of $817235.3 and a median of $824000.0 in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development sank 33.51% — and 2025, when it advanced 11.96%.
- Gencor Industries' Research & Development stood at $897000.0 in 2022, then fell by 10.7% to $801000.0 in 2023, then retreated by 15.48% to $677000.0 in 2024, then climbed by 11.96% to $758000.0 in 2025, then dropped by 17.02% to $629000.0 in 2026.
- Business Quant data shows GENC's Research & Development at $629000.0 in Q1 2026, $758000.0 in Q4 2025, and $659000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Greenpower Motor | 1,097.89 Bn | 1,097.89 Bn | 1.26 Mn | 4,598.00 |
| 2 | Caterpillar | 404.21 Bn | 400.13 Bn | 6.11 Bn | 537.00 Mn |
| 3 | Deere | 168.70 Bn | 160.79 Bn | 13.06 Bn | 583.00 Mn |
| 4 | Paccar | 70.10 Bn | 69.22 Bn | 1.36 Bn | 109.10 Mn |
| 5 | CNH Industrial | 13.78 Bn | 12.17 Bn | 1.22 Bn | 232.00 Mn |
| 6 | Oshkosh | 9.70 Bn | 9.45 Bn | 311.90 Mn | - |
| 7 | Agco | 8.70 Bn | 8.18 Bn | 581.40 Mn | - |
| 8 | Terex | 6.66 Bn | 6.27 Bn | 206.00 Mn | - |
| 9 | Blue Bird | 2.40 Bn | 2.12 Bn | 70.65 Mn | - |
| 10 | Gencor Industries | 218.84 Mn | 63.71 Mn | 10.71 Mn | 629,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 629,000.00 |
| Dec 31, 2025 | 758,000.00 |
| Sep 30, 2025 | 659,000.00 |
| Jun 30, 2025 | 741,000.00 |
| Mar 31, 2025 | 681,000.00 |
| Dec 31, 2024 | 677,000.00 |
| Sep 30, 2024 | 795,000.00 |
| Jun 30, 2024 | 824,000.00 |
| Mar 31, 2024 | 893,000.00 |
| Dec 31, 2023 | 801,000.00 |
| Sep 30, 2023 | 842,000.00 |
| Jun 30, 2023 | 845,000.00 |
| Mar 31, 2023 | 874,000.00 |
| Dec 31, 2022 | 897,000.00 |
| Sep 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 951,000.00 |
| Mar 31, 2022 | 920,000.00 |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | 1.19 Mn |
| Jun 30, 2021 | 1.18 Mn |