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R&D Expenses Over TimeStable
Percentile Rank50
3Y CAGR-2.0%
5Y CAGR-9.0%
Year-over-Year Change
Research and development spending
3Y CAGR
-2.0%/yr
vs +0.8%/yr prior
5Y CAGR
-9.0%/yr
Recent acceleration
Acceleration
-2.8pp
Decelerating
Percentile
P50
Within normal range
vs 5Y Ago
0.6x
Contraction
Streak
2 yr
Consecutive declineStable
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $2.75M | -7.7% |
| 2023 | $2.98M | -30.3% |
| 2022 | $4.28M | +46.4% |
| 2021 | $2.92M | -15.2% |
| 2020 | $3.45M | -21.9% |
| 2019 | $4.41M | +139.4% |
| 2018 | $1.84M | -35.0% |
| 2017 | $2.84M | +37.1% |
| 2016 | $2.07M | -37.9% |
| 2015 | $3.33M | - |