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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+63.3%
5Y CAGR+49.5%
Year-over-Year Change
Research and development spending
3Y CAGR
+63.3%/yr
vs -11.4%/yr prior
5Y CAGR
+49.5%/yr
Recent acceleration
Acceleration
+74.6pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
7.5x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $14.14M | +475.6% |
| 2024 | $2.46M | -32.6% |
| 2023 | $3.65M | +12.2% |
| 2022 | $3.25M | +21.3% |
| 2021 | $2.68M | +41.4% |
| 2020 | $1.90M | -56.7% |
| 2019 | $4.38M | -16.9% |
| 2018 | $5.26M | -23.2% |
| 2017 | $6.85M | -27.2% |
| 2016 | $9.41M | - |