ROR.LROR.LLSE
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R&D Expenses Over TimeContracting
Percentile Rank43
3Y CAGR-10.0%
5Y CAGR-8.5%
Year-over-Year Change

Research and development spending

3Y CAGR
-10.0%/yr
vs -7.0%/yr prior
5Y CAGR
-8.5%/yr
Consistent
Acceleration
-3.0pp
Decelerating
Percentile
P43
Within normal range
vs 5Y Ago
0.6x
Contraction
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
2024$9.09M-25.3%
2023$12.16M-11.2%
2022$13.70M+9.8%
2021$12.47M-14.8%
2020$14.64M+3.5%
2019$14.15M-5.6%
2018$14.99M-10.2%
2017$16.70M+50.9%
2016$11.07M+31.7%
2015$8.40M-