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R&D Expenses Over TimeContracting
Percentile Rank86
3Y CAGR+41.7%
5Y CAGR+74.1%
Year-over-Year Change
Research and development spending
3Y CAGR
+41.7%/yr
vs +78.9%/yr prior
5Y CAGR
+74.1%/yr
Recent deceleration
Acceleration
-37.2pp
Decelerating
Percentile
P86
Within normal range
vs 5Y Ago
16x
Strong expansion
Streak
2 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $72.32M | -10.2% |
| 2024 | $80.52M | -18.4% |
| 2023 | $98.65M | +288.2% |
| 2022 | $25.41M | +53.1% |
| 2021 | $16.60M | +266.8% |
| 2020 | $4.52M | +100.7% |
| 2019 | $2.25M | -9.2% |
| 2018 | $2.48M | -16.6% |
| 2017 | $2.98M | - |
| 2016 | $0.00 | - |