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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+34.6%
5Y CAGR+32.8%
Year-over-Year Change
Research and development spending
3Y CAGR
+34.6%/yr
vs +24.5%/yr prior
5Y CAGR
+32.8%/yr
Consistent
Acceleration
+10.1pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
4.1x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| TTM | $66.70M | +92.2% |
| 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 | - |