NOPMFNOPMFOTC
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R&D Expenses Over TimeStable
Percentile Rank78
3Y CAGR-5.3%
5Y CAGR+3.3%
Year-over-Year Change
Research and development spending
3Y CAGR
-5.3%/yr
vs +6.0%/yr prior
5Y CAGR
+3.3%/yr
Recent deceleration
Acceleration
-11.3pp
Decelerating
Percentile
P78
Within normal range
vs 5Y Ago
1.2x
Modest growth
Streak
1 yr
Consecutive growthStable
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $16.87M | +2.6% |
| 2023 | $16.44M | -21.0% |
| 2022 | $20.81M | +4.8% |
| 2021 | $19.86M | +44.7% |
| 2020 | $13.72M | -4.2% |
| 2019 | $14.33M | -14.9% |
| 2018 | $16.84M | +7.2% |
| 2017 | $15.71M | +17.4% |
| 2016 | $13.39M | +9.7% |
| 2015 | $12.21M | - |