RYLPFRYLPFOTC
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Research and development spending
3Y CAGR
-6.7%/yr
vs +4.4%/yr prior
5Y CAGR
-2.4%/yr
Recent deceleration
Acceleration
-11.1pp
Decelerating
Percentile
P14
Within normal range
vs 5Y Ago
0.9x
Contraction
Streak
3 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $1.70B | -2.7% |
| 2024 | $1.75B | -7.6% |
| 2023 | $1.89B | -9.6% |
| 2022 | $2.09B | +15.8% |
| 2021 | $1.81B | -5.7% |
| 2020 | $1.92B | +1.6% |
| 2019 | $1.88B | +7.1% |
| 2018 | $1.76B | -0.3% |
| 2017 | $1.76B | -12.7% |
| 2016 | $2.02B | - |