LSS.PALSS.PAPAR
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Research and development spending
3Y CAGR
+12.4%/yr
vs +20.8%/yr prior
5Y CAGR
+23.5%/yr
Recent deceleration
Acceleration
-8.4pp
Decelerating
Percentile
P93
Near historical high
vs 5Y Ago
2.9x
Strong expansion
Streak
1 yr
Consecutive declineStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $65.12M | -1.7% |
| 2024 | $66.24M | +29.1% |
| 2023 | $51.30M | +12.0% |
| 2022 | $45.81M | +34.8% |
| 2021 | $33.98M | +49.8% |
| 2020 | $22.69M | +3.0% |
| 2019 | $22.02M | +2.4% |
| 2018 | $21.50M | +21.5% |
| 2017 | $17.69M | +14.5% |
| 2016 | $15.45M | - |