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R&D Expenses Over TimeContracting
Percentile Rank38
3Y CAGR-37.9%
5Y CAGR-17.6%
Year-over-Year Change
Research and development spending
3Y CAGR
-37.9%/yr
vs -3.6%/yr prior
5Y CAGR
-17.6%/yr
Recent deceleration
Acceleration
-34.3pp
Decelerating
Percentile
P38
Within normal range
vs 5Y Ago
0.4x
Contraction
Streak
2 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| TTM | $141785.00 | -67.4% |
| 2023 | $435556.00 | -53.2% |
| 2022 | $930691.00 | +57.3% |
| 2021 | $591596.00 | +69.1% |
| 2020 | $349834.00 | -6.2% |
| 2019 | $372983.00 | +8.6% |
| 2018 | $343411.00 | -49.8% |
| 2017 | $684754.00 | +21.4% |
| 2016 | $563948.00 | +1584.4% |
| 2015 | $33480.00 | - |