HPG.AXHPG.AXASX
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+28.8%
5Y CAGR+20.3%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+28.8%/yr
vs +11.1%/yr prior
5Y CAGR
+20.3%/yr
Recent acceleration
Acceleration
+17.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.5x
Strong expansion
Streak
4 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$15.12M+12.3%
2024$13.46M+28.6%
2023$10.47M+48.2%
2022$7.07M+20.4%
2021$5.87M-2.2%
2020$6.00M+6.3%
2019$5.65M+21.8%
2018$4.64M-