SPS Commerce, Inc.SPSCNASDAQ
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R&D Expense Growth Trend
Slight contraction.
Left:
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Year-over-year research & development expense growth
Latest
17.06%
Near historical average
Average (9y)
17.13%
Historical baseline
Range
High:33.05%
Low:-4.73%
CAGR
-7.1%
Structural decline
| Period | Value |
|---|---|
| 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% |
| 2015 | 33.05% |