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R&D Expenses Over TimeContracting
Percentile Rank17
3Y CAGR-37.2%
5Y CAGR-14.5%
Year-over-Year Change
Research and development spending
3Y CAGR
-37.2%/yr
vs +18.5%/yr prior
5Y CAGR
-14.5%/yr
Recent deceleration
Acceleration
-55.7pp
Decelerating
Percentile
P17
Within normal range
vs 5Y Ago
0.5x
Contraction
Streak
3 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $95.69M | -64.1% |
| 2023 | $266.47M | -10.2% |
| 2022 | $296.79M | -23.3% |
| 2021 | $387.04M | +53.0% |
| 2020 | $252.92M | +20.9% |
| 2019 | $209.26M | -11.3% |
| 2018 | $235.84M | +20.0% |
| 2017 | $196.52M | +5.0% |
| 2016 | $187.21M | -12.6% |
| 2015 | $214.09M | - |