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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+96.3%
5Y CAGR+80.2%
Year-over-Year Change
Research and development spending
3Y CAGR
+96.3%/yr
Annual compound
5Y CAGR
+80.2%/yr
Recent acceleration
Percentile
P100
Near historical high
vs 5Y Ago
19x
Strong expansion
Streak
5 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $25.63M | +102.6% |
| 2023 | $12.65M | +99.3% |
| 2022 | $6.35M | +87.5% |
| 2021 | $3.39M | +68.9% |
| 2020 | $2.00M | +48.8% |
| 2019 | $1.35M | - |