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Research and development spending
3Y CAGR
+7.9%/yr
vs +18.5%/yr prior
5Y CAGR
+7.0%/yr
Consistent
Acceleration
-10.6pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
3 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $115.51M | +3.4% |
| 2024 | $111.70M | +1.2% |
| 2023 | $110.40M | +20.0% |
| 2022 | $92.00M | -2.6% |
| 2021 | $94.50M | +14.7% |
| 2020 | $82.40M | +53.2% |
| 2019 | $53.80M | +15.4% |
| 2018 | $46.61M | +8.2% |
| 2017 | $43.07M | +26.4% |
| 2016 | $34.07M | - |