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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+12.4%
5Y CAGR+9.6%
Year-over-Year Change
Research and development spending
3Y CAGR
+12.4%/yr
vs +7.2%/yr prior
5Y CAGR
+9.6%/yr
Consistent
Acceleration
+5.2pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.6x
Solid growth
Streak
4 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $151.23M | +8.5% |
| 2024 | $139.41M | +15.0% |
| 2023 | $121.25M | +13.8% |
| 2022 | $106.53M | +32.8% |
| 2021 | $80.19M | -16.2% |
| 2020 | $95.66M | +11.5% |
| 2019 | $85.82M | +6.2% |
| 2018 | $80.80M | +9.6% |
| 2017 | $73.70M | +10.2% |
| 2016 | $66.89M | - |