NWVCFNWVCFOTC
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R&D Expenses Over TimeContracting
Percentile Rank0
3Y CAGR-20.7%
5Y CAGR-11.4%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-20.7%/yr
vs +15.7%/yr prior
5Y CAGR
-11.4%/yr
Recent deceleration
Acceleration
-36.4pp
Decelerating
Percentile
P0
Near historical low
vs 5Y Ago
0.5x
Contraction
Streak
3 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$1.09M-27.3%
2024$1.49M-5.3%
2023$1.58M-27.5%
2022$2.17M+15.9%
2021$1.88M-5.7%
2020$1.99M+17.6%
2019$1.69M+39.5%
2018$1.21M+6.6%
2017$1.14M-31.3%
2016$1.66M-