NEM.AXNEM.AXASX
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R&D Expenses Over TimeContracting
Percentile Rank50
3Y CAGR-9.1%
5Y CAGR+7.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-9.1%/yr
Annual compound
5Y CAGR
+7.1%/yr
Recent deceleration
Percentile
P50
Within normal range
vs 5Y Ago
1.4x
Solid growth
Streak
3 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$171.79M-12.8%
2024$197.00M-1.5%
2023$200.00M-12.7%
2022$229.00M+48.7%
2021$154.00M+26.2%
2020$122.00M-18.7%
2019$150.00M-