SPS Commerce, Inc.SPSCNASDAQ
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R&D Expense Growth Under PressureDecelerating
Percentile Rank14
3Y CAGR-18.4%
5Y CAGR-0.5%
Year-over-Year Change
Year-over-year research & development expense growth
3Y CAGR
-18.4%/yr
Annual compound
5Y CAGR
-0.5%/yr
Recent deceleration
Percentile
P14
Within normal range
vs 5Y Ago
1x
Modest growth
Streak
2 yr
Consecutive declineDecelerating
| Period | Value |
|---|---|
| 2025 | 9.35% |
| 2024 | 17.06% |
| 2023 | 17.28% |
| 2022 | 17.19% |
| 2021 | 25.83% |
| 2020 | 9.61% |
| 2019 | 28.15% |
| 2018 | -4.73% |
| 2017 | 5.47% |
| 2016 | 22.43% |