MBGAFMBGAFOTC
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R&D Expenses Over TimeContracting
Percentile Rank0
Studio
Year-over-Year Change

Research and development spending

Latest
$0.00
↓ 100% vs avg
Percentile
P0
Near historical low
Streak
2 yr
Consecutive declineContracting
Average
$5.55B
Historical baseline
PeriodValueYoY Change
2025$0.00-100.0%
2024$5.58B-33.3%
2023$8.37B+49.4%
2022$5.60B+2.5%
2021$5.47B-10.6%
2020$6.12B-7.1%
2019$6.59B+0.1%
2018$6.58B+10.8%
2017$5.94B+13.0%
2016$5.26B-