R&D expense · 2017–2025

Thor Industries R&D expense

$48.6M−1.6% · FY2025

Thor Industries (THO) reported $48.6M in R&D expense for fiscal 2025, −1.6% year on year.

$2.6M2017$2.0M2018$9.4M2019$49.4M2024$48.6M2025
Thor Industries — R&D expense, 2017–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-07-31$48.6M−1.6%Open →
FY20242024-07-31$49.4M+426.4%Open →
FY20192019-07-31$9.4M+366.9%Open →
FY20182018-07-31$2.0M−22.0%Open →
FY20172017-07-31$2.6M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2017–2025 compound annual growth +44.4%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Thor Industries R&D expense |url=https://companiesranked.com/en/company/thor-industries/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Thor Industries R&D expense. CompaniesRanked. https://companiesranked.com/en/company/thor-industries/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-thor-industries-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Thor Industries R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/thor-industries/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000730263-26-000027 · September 22, 2026

{{cite web |title=Thor Industries R&D expense — 10-K (0000730263-26-000027) |url=https://www.sec.gov/Archives/edgar/data/730263/000073026326000027/tho-20260731.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-09-22}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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