Altair Engineering Inc.ALTRNASDAQ
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R&D Expense Growth Under PressureDecelerating
Percentile Rank11
3Y CAGR-41.3%
5Y CAGR-27.8%
Year-over-Year Change
Year-over-year research & development expense growth
3Y CAGR
-41.3%/yr
vs -10.4%/yr prior
5Y CAGR
-27.8%/yr
Recent deceleration
Acceleration
-30.9pp
Decelerating
Percentile
P11
Within normal range
vs 5Y Ago
0.2x
Contraction
Streak
2 yr
Consecutive declineDecelerating
| Period | Value |
|---|---|
| 2024 | 4.00% |
| 2023 | 14.41% |
| 2022 | 23.05% |
| 2021 | 19.80% |
| 2020 | 7.29% |
| 2019 | 20.41% |
| 2018 | 4.67% |
| 2017 | 30.72% |
| 2016 | 13.62% |
| 2015 | 0.00% |