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R&D Expenses Over TimeStable
Percentile Rank21
3Y CAGR-1.3%
5Y CAGR-0.9%
Year-over-Year Change
Research and development spending
3Y CAGR
-1.3%/yr
vs +0.6%/yr prior
5Y CAGR
-0.9%/yr
Consistent
Acceleration
-1.9pp
Decelerating
Percentile
P21
Within normal range
vs 5Y Ago
1x
Modest growth
Streak
1 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $15.30M | -2.5% |
| 2023 | $15.70M | +0.6% |
| 2022 | $15.60M | -1.9% |
| 2021 | $15.90M | +4.6% |
| 2020 | $15.20M | -5.0% |
| 2019 | $16.00M | -3.6% |
| 2018 | $16.60M | +7.1% |
| 2017 | $15.50M | +2.6% |
| 2016 | $15.10M | 0.0% |
| 2015 | $15.10M | - |