Magic Software Enterprises Ltd.MGICNASDAQ
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R&D Expense Growth AcceleratingAccelerating
Percentile Rank79
3Y CAGR+131.0%
5Y CAGR-8.3%
Year-over-Year Change
Year-over-year research & development expense growth
3Y CAGR
+131.0%/yr
vs -40.6%/yr prior
5Y CAGR
-8.3%/yr
Recent acceleration
Acceleration
+171.6pp
Accelerating
Percentile
P79
Within normal range
vs 5Y Ago
0.6x
Contraction
Streak
1 yr
Consecutive growthAccelerating
| Period | Value |
|---|---|
| 2024 | 28.87% |
| 2023 | 2.36% |
| 2022 | 12.17% |
| 2021 | 2.34% |
| 2020 | 6.68% |
| 2019 | 44.65% |
| 2018 | -17.95% |
| 2017 | 18.89% |
| 2016 | 19.46% |
| 2015 | 2.91% |