MAOIFMAOIFOTC
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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+16.8%
5Y CAGR+9.4%
Year-over-Year Change
Research and development spending
3Y CAGR
+16.8%/yr
vs +7.1%/yr prior
5Y CAGR
+9.4%/yr
Recent acceleration
Acceleration
+9.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.6x
Solid growth
Streak
4 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $43.54M | +7.9% |
| 2023 | $40.37M | +15.6% |
| 2022 | $34.92M | +27.7% |
| 2021 | $27.36M | +11.6% |
| 2020 | $24.52M | -11.6% |
| 2019 | $27.73M | +16.0% |
| 2018 | $23.91M | +14.9% |
| 2017 | $20.80M | +13.4% |
| 2016 | $18.34M | -11.0% |
| 2015 | $20.59M | - |