SPHRFSPHRFOTC
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R&D Expense Growth AcceleratingAccelerating
Percentile Rank90
3Y CAGR-32.7%
5Y CAGR+26.5%
Studio
Year-over-Year Change

Year-over-year research & development expense growth

3Y CAGR
-32.7%/yr
Quarterly compound
5Y CAGR
+26.5%/yr
Recent deceleration
Percentile
P90
Near historical high
vs 5Y Ago
3.2x
Strong expansion
Streak
3 qtr
Consecutive growthAccelerating
PeriodValue
Q4 202571.74%
Q2 2025-8.65%
Q4 2024-12.63%
Q2 2024-13.50%
Q4 2023-6.82%
Q2 2023-9.49%
Q4 20229.79%
Q2 2022239.43%
Q4 2021-76.71%
Q2 20214.57%
Q4 20206.94%
Q2 2020-0.67%
Q4 2019235.72%
Q2 2019-58.62%
Q4 20183.79%
Q2 2018-5.11%
Q4 2017-17.86%
Q2 20171.70%
Q4 201677.33%
Q2 2016-62.37%
Q4 201522.13%
Q2 201526.76%
Q4 20144.19%
Q2 201421.67%
Q4 201346.49%
Q2 2013-37.73%
Q4 201224.49%
Q2 20120.00%
Q4 2011101.94%
Q2 20110.00%
Q4 20104.60%
Q2 20100.00%
Q4 2009-42.70%
Q2 20090.00%
Q4 2008-18.29%
Q2 20080.00%
Q4 20072.01%
Q2 20070.00%
Q4 200624.21%
Q2 20060.00%