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Research and development spending
3Y CAGR
+9.5%/yr
vs -3.1%/yr prior
5Y CAGR
+13.1%/yr
Recent deceleration
Acceleration
+12.6pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.9x
Solid growth
Streak
5 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $6.33M | +5.2% |
| 2024 | $6.02M | +21.3% |
| 2023 | $4.96M | +2.7% |
| 2022 | $4.83M | +25.9% |
| 2021 | $3.83M | +12.2% |
| 2020 | $3.42M | -22.7% |
| 2019 | $4.42M | -19.3% |
| 2018 | $5.48M | +36.7% |
| 2017 | $4.01M | +58.8% |
| 2016 | $2.52M | - |