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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+19.8%
5Y CAGR+9.5%
Year-over-Year Change
Research and development spending
3Y CAGR
+19.8%/yr
vs -5.3%/yr prior
5Y CAGR
+9.5%/yr
Recent acceleration
Acceleration
+25.1pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.6x
Solid growth
Streak
4 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $91.17M | +19.9% |
| 2024 | $76.01M | +30.6% |
| 2023 | $58.19M | +9.6% |
| 2022 | $53.09M | +0.1% |
| 2021 | $53.01M | -8.4% |
| 2020 | $57.90M | -15.9% |
| 2019 | $68.88M | +4.3% |
| 2018 | $66.06M | +9.0% |
| 2017 | $60.64M | +58.6% |
| 2016 | $38.23M | - |