PRAJIND.BOPRAJIND.BOBSE
Loading
R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+20.1%
5Y CAGR+15.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+20.1%/yr
vs +11.2%/yr prior
5Y CAGR
+15.1%/yr
Recent acceleration
Acceleration
+8.9pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
4 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$402.30M+4.6%
2024$384.70M+8.0%
2023$356.12M+53.5%
2022$231.98M+38.5%
2021$167.52M-15.8%
2020$198.96M+18.6%
2019$167.77M+10.6%
2018$151.75M+60.5%
2017$94.55M-49.6%
2016$187.68M-