CTS Corp (CTS) stock
CTSNYSEPrinted Circuit BoardsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 19/3010% below fair value
$60.21−0.80 (-1.31%)
Close on Nov 13, 2026Market cap $1.72BP/E 23.8Yield 0.27%
CTS r&d expenses
Research and development expenses are spending on new products and technology.
CTS's R&D Expenses for the twelve months ending Sep 30, 2026 was $23.58M, down 6.0% year over year. For fiscal 2025 it was $25.27M, up 8.0% from the year before. Over ten years it grew 1.2% a year on average. The highest annual figure on record is $25.97M in fiscal 2019.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $25.27M | +8.0% |
| FY2024 | Dec 31, 2024 | $23.39M | -6.1% |
| FY2023 | Dec 31, 2023 | $24.92M | +3.4% |
| FY2022 | Dec 31, 2022 | $24.10M | +1.0% |
| FY2021 | Dec 31, 2021 | $23.86M | -1.9% |
| FY2020 | Dec 31, 2020 | $24.32M | -6.4% |
| FY2019 | Dec 31, 2019 | $25.97M | +2.6% |
| FY2018 | Dec 31, 2018 | $25.30M | +0.6% |
| FY2017 | Dec 31, 2017 | $25.15M | +4.6% |
| FY2016 | Dec 31, 2016 | $24.04M | +7.0% |
| FY2015 | Dec 31, 2015 | $22.46M | -0.5% |
| FY2014 | Dec 31, 2014 | $22.56M | -2.8% |
| FY2013 | Dec 31, 2013 | $23.22M | +11.0% |
| FY2012 | Dec 31, 2012 | $20.92M | +4.6% |
| FY2011 | Dec 31, 2011 | $19.99M | +9.2% |
| FY2010 | Dec 31, 2010 | $18.31M | +29.4% |
| FY2009 | Dec 31, 2009 | $14.15M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $6.33M | -8.2% |
| Q2 FY2026 | Jun 30, 2026 | $4.76M | -24.7% |
| Q1 FY2026 | Mar 31, 2026 | $6.63M | +7.2% |
| Q4 FY2025 | Dec 31, 2025 | $5.85M | +3.2% |
| Q3 FY2025 | Sep 30, 2025 | $6.90M | +37.2% |
| Q2 FY2025 | Jun 30, 2025 | $6.33M | +3.9% |
| Q1 FY2025 | Mar 31, 2025 | $6.19M | -6.2% |
| Q4 FY2024 | Dec 31, 2024 | $5.67M | +7.2% |
| Q3 FY2024 | Sep 30, 2024 | $5.03M | -20.4% |
| Q2 FY2024 | Jun 30, 2024 | $6.09M | -9.4% |
| Q1 FY2024 | Mar 31, 2024 | $6.60M | +0.2% |
| Q4 FY2023 | Dec 31, 2023 | $5.29M | -2.1% |
| Q3 FY2023 | Sep 30, 2023 | $6.32M | +1.8% |
| Q2 FY2023 | Jun 30, 2023 | $6.72M | +6.8% |
| Q1 FY2023 | Mar 31, 2023 | $6.59M | +6.3% |
| Q4 FY2022 | Dec 31, 2022 | $5.41M | -4.9% |
| Q3 FY2022 | Sep 30, 2022 | $6.21M | -3.8% |
| Q2 FY2022 | Jun 30, 2022 | $6.29M | +4.4% |
| Q1 FY2022 | Mar 31, 2022 | $6.19M | +8.9% |
| Q4 FY2021 | Dec 31, 2021 | $5.69M | +0.4% |
| Q3 FY2021 | Sep 30, 2021 | $6.45M | +12.8% |
| Q2 FY2021 | Jun 30, 2021 | $6.03M | +9.2% |
| Q1 FY2021 | Mar 31, 2021 | $5.69M | -23.2% |
| Q4 FY2020 | Dec 31, 2020 | $5.66M | -7.3% |
| Q3 FY2020 | Sep 30, 2020 | $5.72M | -15.9% |
| Q2 FY2020 | Jun 30, 2020 | $5.52M | -11.7% |
| Q1 FY2020 | Mar 31, 2020 | $7.41M | +9.1% |
| Q4 FY2019 | Dec 31, 2019 | $6.11M | +5.3% |
| Q3 FY2019 | Sep 30, 2019 | $6.81M | +4.4% |
| Q2 FY2019 | Jun 30, 2019 | $6.26M | -3.4% |
| Q1 FY2019 | Mar 31, 2019 | $6.79M | +4.4% |
| Q4 FY2018 | Dec 31, 2018 | $5.80M | -13.6% |
| Q3 FY2018 | Sep 30, 2018 | $6.52M | +2.1% |
| Q2 FY2018 | Jun 30, 2018 | $6.48M | +7.1% |
| Q1 FY2018 | Mar 31, 2018 | $6.51M | +8.4% |
| Q4 FY2017 | Dec 31, 2017 | $6.71M | +19.3% |
| Q3 FY2017 | Sep 30, 2017 | $6.38M | – |
| Q2 FY2017 | Jun 30, 2017 | $6.05M | – |
| Q1 FY2017 | Mar 31, 2017 | $6.00M | – |
| Q4 FY2016 | Dec 31, 2016 | $5.63M | – |
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