National Grid plcNGGNYSE
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+54.7%
5Y CAGR+24.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+54.7%/yr
vs -1.7%/yr prior
5Y CAGR
+24.1%/yr
Recent acceleration
Acceleration
+56.4pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.9x
Strong expansion
Streak
4 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$42.40M+32.4%
2024$32.03M+43.1%
2023$22.39M+95.5%
2022$11.45M+1.0%
2021$11.34M-21.2%
2020$14.39M-24.4%
2019$19.04M+55.4%
2018$12.25M-16.2%
2017$14.61M-26.8%
2016$19.97M-