GUARD.STGUARD.STSTO
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R&D Expense Growth Under PressureDecelerating
Percentile Rank3
Studio
Year-over-Year Change

Year-over-year research & development expense growth

Percentile
P3
Near historical low
vs 3Y Ago
-1.7x
Contraction
Streak
3 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-45.97%
Q3 2025-22.17%
Q2 2025-2.80%
Q1 202525.79%
Q4 2024-18.15%
Q3 202438.98%
Q2 202443.51%
Q1 202414.36%
Q4 2023-42.36%
Q3 2023-29.26%
Q2 2023-16.32%
Q1 2023-0.15%
Q4 202226.47%
Q3 202256.58%
Q2 202213.54%
Q1 2022-17.96%
Q4 2021-36.94%
Q3 2021235.45%
Q2 2021-17.65%
Q1 202131.10%
Q4 2020-22.30%
Q3 202055.21%
Q2 2020-5.02%
Q1 2020-26.96%
Q4 201957.70%
Q3 2019-23.39%
Q2 2019-17.15%
Q1 2019-69.49%
Q4 2018149.84%
Q3 201818.43%
Q2 20180.78%
Q1 2018-5.40%
Q4 2017-28.08%
Q3 201744.60%
Q2 2017-6.68%
Q1 2017-33.12%
Q4 201658.70%
Q3 201636.42%
Q2 2016112.32%
Q1 2016-39.83%