MGIC.TAMGIC.TATLV
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+14.0%
5Y CAGR+10.1%
Year-over-Year Change
Research and development spending
3Y CAGR
+14.0%/yr
vs +6.7%/yr prior
5Y CAGR
+10.1%/yr
Recent acceleration
Acceleration
+7.3pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.6x
Solid growth
Streak
6 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $13.31M | +28.9% |
| 2023 | $10.33M | +2.4% |
| 2022 | $10.09M | +12.2% |
| 2021 | $8.99M | +2.3% |
| 2020 | $8.79M | +6.7% |
| 2019 | $8.24M | +44.6% |
| 2018 | $5.70M | -17.9% |
| 2017 | $6.94M | +18.9% |
| 2016 | $5.84M | +19.5% |
| 2015 | $4.89M | - |