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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+44.3%
5Y CAGR+27.4%
Year-over-Year Change
Research and development spending
3Y CAGR
+44.3%/yr
vs +16.5%/yr prior
5Y CAGR
+27.4%/yr
Recent acceleration
Acceleration
+27.8pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.4x
Strong expansion
Streak
3 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| TTM | $276.35M | +147.4% |
| 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 | +7.8% |
| 2018 | $49.90M | +21.1% |
| 2017 | $41.20M | +8.1% |
| 2016 | $38.10M | - |