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Research and development spending
3Y CAGR
+13.4%/yr
vs +14.5%/yr prior
5Y CAGR
+15.1%/yr
Consistent
Acceleration
-1.1pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
9 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $821.00M | +8.2% |
| 2024 | $759.00M | +14.5% |
| 2023 | $663.00M | +17.8% |
| 2022 | $563.00M | +18.3% |
| 2021 | $476.00M | +17.2% |
| 2020 | $406.00M | +23.4% |
| 2019 | $329.00M | +0.3% |
| 2018 | $328.00M | +14.7% |
| 2017 | $286.00M | +24.9% |
| 2016 | $229.00M | - |