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R&D Expenses Over TimeStrong
Percentile Rank70
3Y CAGR-1.1%
5Y CAGR+3.1%
Year-over-Year Change
Research and development spending
3Y CAGR
-1.1%/yr
vs +12.2%/yr prior
5Y CAGR
+3.1%/yr
Recent deceleration
Acceleration
-13.3pp
Decelerating
Percentile
P70
Within normal range
vs 5Y Ago
1.2x
Modest growth
Streak
1 yr
Consecutive declineStrong
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $290.64M | -5.5% |
| 2023 | $307.66M | +4.0% |
| 2022 | $295.70M | -1.7% |
| 2021 | $300.85M | +27.9% |
| 2020 | $235.14M | -5.9% |
| 2019 | $249.79M | +10.0% |
| 2018 | $227.08M | +19.6% |
| 2017 | $189.85M | +12.5% |
| 2016 | $168.75M | +38.7% |
| 2015 | $121.68M | - |