IRLCFIRLCFOTC
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Research and development spending
3Y CAGR
+1.2%/yr
vs +3.9%/yr prior
5Y CAGR
+6.0%/yr
Recent deceleration
Acceleration
-2.7pp
Decelerating
Percentile
P50
Within normal range
vs 5Y Ago
1.3x
Solid growth
Streak
1 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $69.00M | -2.8% |
| 2023 | $71.00M | +9.4% |
| 2022 | $64.93M | -2.4% |
| 2021 | $66.53M | +15.0% |
| 2020 | $57.84M | +12.1% |
| 2019 | $51.58M | -2.5% |
| 2018 | $52.92M | -7.1% |
| 2017 | $56.99M | -21.7% |
| 2016 | $72.81M | -1.5% |
| 2015 | $73.89M | - |