Garmin Ltd.GRMNNYSE
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R&D Expense Growth Under PressureDecelerating
Percentile Rank56
3Y CAGR-4.0%
5Y CAGR-26.8%
Year-over-Year Change

Year-over-year research & development expense growth

3Y CAGR
-4.0%/yr
Quarterly compound
5Y CAGR
-26.8%/yr
Recent acceleration
Percentile
P56
Within normal range
vs 5Y Ago
0.2x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 20252.97%
Q3 20253.54%
Q2 20253.19%
Q1 20253.62%
Q4 20243.85%
Q3 20242.47%
Q2 20240.25%
Q1 20242.23%
Q4 20237.07%
Q3 2023-1.26%
Q3 20231.31%
Q2 20232.68%
Q4 20223.36%
Q3 20223.56%
Q2 2022-3.58%
Q1 2022-5.76%
Q4 20213.60%
Q3 20216.51%
Q2 2021-1.10%
Q1 20211.77%
Q4 202014.18%
Q3 20205.52%
Q2 20200.21%
Q1 20202.09%
Q4 20199.05%
Q3 2019-0.22%
Q2 20192.03%
Q1 20190.52%
Q4 20184.45%
Q3 2018-1.93%
Q2 2018-0.17%
Q1 20187.10%
Q4 20172.25%
Q3 20171.87%
Q3 20174.13%
Q2 2017-5.23%
Q4 201610.74%
Q3 20161.83%
Q2 20165.68%
Q1 20162.07%