Avery Dennison (AVY) r&d spend was $137M in FY2025 (-1% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$137M
-1%
2024
$138M
+1%
2023
$136M
-0%
2022
$136M
+21%
2021
$113M
+22%
2019
$93M
-6%
2018
$98M
+5%
2017
$93M
+4%
2016
$90M
-12%
2015
$102M
+7%
2013
$96M
-3%
2012
$99M
+5%
2011
$94M
+19%
2010
$79M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$137M
Q4 2024
$138M
Q4 2023
$136M
Q4 2022
$136M
Q1 2022
$137M
Q1 2021
$113M
Q4 2019
$93M
Q4 2018
$98M
Q4 2017
$93M
Q4 2016
$90M
Q1 2016
$92M
Q1 2015
$102M
Source: AVY on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.