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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+22.9%
5Y CAGR+15.5%
Year-over-Year Change
Research and development spending
3Y CAGR
+22.9%/yr
vs +6.7%/yr prior
5Y CAGR
+15.5%/yr
Recent acceleration
Acceleration
+16.3pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.1x
Strong expansion
Streak
7 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $10.87M | +54.4% |
| 2024 | $7.04M | +6.1% |
| 2023 | $6.64M | +13.4% |
| 2022 | $5.85M | +9.3% |
| 2021 | $5.35M | +1.3% |
| 2020 | $5.28M | +9.0% |
| 2019 | $4.85M | +7.2% |
| 2018 | $4.52M | -28.0% |
| 2017 | $6.28M | +93.9% |
| 2016 | $3.24M | - |