OTEX.TOOTEX.TOTSX
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R&D Expenses Over TimeContracting
Percentile Rank93
3Y CAGR+19.7%
5Y CAGR+15.3%
Year-over-Year Change
Research and development spending
3Y CAGR
+19.7%/yr
vs +8.0%/yr prior
5Y CAGR
+15.3%/yr
Recent acceleration
Acceleration
+11.7pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
1 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $755.94M | -15.4% |
| 2024 | $893.93M | +31.3% |
| 2023 | $680.59M | +54.5% |
| 2022 | $440.45M | +4.5% |
| 2021 | $421.45M | +13.8% |
| 2020 | $370.41M | +15.1% |
| 2019 | $321.84M | -0.5% |
| 2018 | $323.46M | +14.8% |
| 2017 | $281.68M | +45.2% |
| 2016 | $194.06M | - |