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R&D Expenses Over TimeContracting
Percentile Rank50
3Y CAGR-6.4%
5Y CAGR+0.1%
Year-over-Year Change
Research and development spending
3Y CAGR
-6.4%/yr
vs +3.8%/yr prior
5Y CAGR
+0.1%/yr
Recent deceleration
Acceleration
-10.2pp
Decelerating
Percentile
P50
Within normal range
vs 5Y Ago
1x
Modest growth
Streak
2 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $732.00M | -20.0% |
| 2024 | $914.90M | -2.3% |
| 2023 | $936.50M | +5.0% |
| 2022 | $891.90M | +18.0% |
| 2021 | $755.90M | +3.9% |
| 2020 | $727.50M | +9.9% |
| 2019 | $662.10M | -13.8% |
| 2018 | $768.20M | +102.0% |
| 2017 | $380.30M | +31.3% |
| 2016 | $289.70M | - |