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R&D Expenses Over TimeStable
Percentile Rank36
3Y CAGR+4.3%
5Y CAGR-0.3%
Year-over-Year Change
Research and development spending
3Y CAGR
+4.3%/yr
vs -5.9%/yr prior
5Y CAGR
-0.3%/yr
Recent acceleration
Acceleration
+10.2pp
Accelerating
Percentile
P36
Within normal range
vs 5Y Ago
1x
Modest growth
Streak
1 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $43.65M | -7.5% |
| 2023 | $47.22M | +17.7% |
| 2022 | $40.12M | +4.3% |
| 2021 | $38.47M | +6.7% |
| 2020 | $36.06M | -18.8% |
| 2019 | $44.41M | +3.1% |
| 2018 | $43.05M | -12.2% |
| 2017 | $49.01M | -27.4% |
| 2016 | $67.48M | -25.4% |
| 2015 | $90.48M | - |