PNV.AXPNV.AXASX
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R&D Expenses Over TimeContracting
Percentile Rank93
3Y CAGR+13.7%
5Y CAGR+29.2%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+13.7%/yr
vs +10.9%/yr prior
5Y CAGR
+29.2%/yr
Recent deceleration
Acceleration
+2.9pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
3.6x
Strong expansion
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$8.46M-22.6%
2024$10.93M+47.1%
2023$7.43M+29.3%
2022$5.75M+57.6%
2021$3.65M+55.0%
2020$2.35M-27.6%
2019$3.25M-14.7%
2018$3.81M+21.4%
2017$3.14M+16.2%
2016$2.70M-