0HBQ.L0HBQ.LLSE
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R&D Expense Growth AcceleratingAccelerating
Percentile Rank92
3Y CAGR+3.7%
5Y CAGR+50.0%
Studio
Year-over-Year Change

Year-over-year research & development expense growth

3Y CAGR
+3.7%/yr
vs +28.5%/yr prior
5Y CAGR
+50.0%/yr
Recent deceleration
Acceleration
-24.8pp
Decelerating
Percentile
P92
Near historical high
vs 5Y Ago
7.6x
Strong expansion
Streak
2 qtr
Consecutive growthAccelerating
PeriodValue
Q4 202511.81%
Q3 2025-0.89%
Q2 2025-23.15%
Q1 202536.18%
Q4 2024-0.08%
Q3 2024-22.78%
Q2 202433.28%
Q1 20247.33%
Q4 20233.08%
Q3 20236.71%
Q2 20237.78%
Q1 2023-11.65%
Q4 202210.60%
Q3 20222.15%
Q2 2022-7.87%
Q1 20227.26%
Q4 202112.39%
Q3 20217.31%
Q2 2021-5.84%
Q1 2021-23.13%
Q4 20201.55%
Q3 20202.01%
Q2 2020-8.73%
Q1 20201.44%
Q4 20193.40%
Q3 20194.69%
Q2 2019-5.23%
Q1 20194.60%
Q4 20185.03%
Q3 20185.92%
Q2 2018-4.26%
Q1 20188.87%
Q4 20173.65%
Q3 201711.10%
Q2 20174.76%
Q1 20178.28%
Q4 20165.58%
Q3 20166.68%
Q2 2016-1.55%
Q1 20164.65%