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R&D Expenses Over TimeContracting
Percentile Rank86
3Y CAGR-14.7%
5Y CAGR+61.3%
Year-over-Year Change
Research and development spending
3Y CAGR
-14.7%/yr
vs +162.4%/yr prior
5Y CAGR
+61.3%/yr
Recent deceleration
Acceleration
-177.2pp
Decelerating
Percentile
P86
Within normal range
vs 5Y Ago
10.9x
Strong expansion
Streak
1 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $56.74M | -63.2% |
| 2023 | $154.30M | +464.7% |
| 2022 | $27.33M | -70.2% |
| 2021 | $91.55M | +306.6% |
| 2020 | $22.52M | +333.2% |
| 2019 | $5.20M | +76.3% |
| 2018 | $2.95M | +52.7% |
| 2017 | $1.93M | +53.7% |
| 2016 | $1.26M | -92.5% |
| 2015 | $16.79M | - |