GRRMFGRRMFOTC
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+22.1%
5Y CAGR+44.2%
Year-over-Year Change
Research and development spending
3Y CAGR
+22.1%/yr
vs +36.8%/yr prior
5Y CAGR
+44.2%/yr
Recent deceleration
Acceleration
-14.7pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
6.2x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $22.38M | +18.0% |
| 2023 | $18.96M | -12.3% |
| 2022 | $21.62M | +76.0% |
| 2021 | $12.29M | +60.5% |
| 2020 | $7.66M | +113.2% |
| 2019 | $3.59M | +23.0% |
| 2018 | $2.92M | -16.8% |
| 2017 | $3.51M | +10.9% |
| 2016 | $3.16M | +71.3% |
| 2015 | $1.85M | - |