TickerFacts.

Erayak Power Solution Group Inc. (RAYA): R&D Expense

Annual figures by period end, from SEC filings.

$1.61M
Year ended 2025-12-31
+19.9%
3-year compound annual growth
+21.6%
5-year compound annual growth
$1.67M2020-12-31: $605.1K2021-12-31: $986.9K2022-12-31: $932.3K2023-12-31: $1.18M2024-12-31: $1.67M2025-12-31: $1.61M$1.61M
2020-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$1.61M-3.7%2026-07-06, From 2025-01-01
2024-12-31$1.67M+41.9%2026-07-06, From 2024-01-01
2023-12-31$1.18M+26.2%2026-07-06, From 2023-01-01
2022-12-31$932.3K-5.5%2025-04-23, From 2022-01-01
2021-12-31$986.9K+63.1%2024-04-16, From 2021-01-01
2020-12-31$605.1Kn/a2023-05-15, From 2020-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motors & Generators), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Erayak Power Solution Group Inc. (RAYA)2025-12-31$1.61M-3.7%
American Superconductor Corp (AMSC)2026-03-31$15.74M+37.8%
Franklin Electric Co Inc (FELE)2025-12-31$20.00M-7.0%
374Water Inc. (SCWO)2025-12-31$2.52M+17.8%
Generac Holdings Inc. (GNRC)2025-12-31$243.47M+10.9%

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