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Research and development spending
3Y CAGR
+3.7%/yr
vs +11.7%/yr prior
5Y CAGR
+11.1%/yr
Recent deceleration
Acceleration
-8.0pp
Decelerating
Percentile
P86
Within normal range
vs 5Y Ago
1.7x
Solid growth
Streak
2 yr
Consecutive declineStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $125.00M | -3.8% |
| 2024 | $130.00M | -11.0% |
| 2023 | $146.00M | +30.4% |
| 2022 | $112.00M | +30.2% |
| 2021 | $86.00M | +16.2% |
| 2020 | $74.00M | +10.4% |
| 2019 | $67.00M | -6.9% |
| 2018 | $72.00M | 0.0% |
| 2017 | $72.00M | -7.7% |
| 2016 | $78.00M | - |