NAN.AXNAN.AXASX
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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+17.3%
5Y CAGR+18.8%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+17.3%/yr
vs +21.4%/yr prior
5Y CAGR
+18.8%/yr
Consistent
Acceleration
-4.1pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.4x
Strong expansion
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$34.70M+5.8%
2024$32.81M+20.0%
2023$27.33M+27.2%
2022$21.48M+33.0%
2021$16.15M+10.3%
2020$14.64M+28.7%
2019$11.38M+15.1%
2018$9.88M+4.2%
2017$9.49M+30.0%
2016$7.30M-