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Research and development spending
3Y CAGR
+27.6%/yr
vs +10.7%/yr prior
5Y CAGR
+29.5%/yr
Consistent
Acceleration
+16.9pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.6x
Strong expansion
Streak
6 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2022 | $1.83M | +5.0% |
| 2021 | $1.74M | +70.7% |
| 2020 | $1.02M | +15.9% |
| 2019 | $879534.00 | +38.4% |
| 2018 | $635558.00 | +26.6% |
| 2017 | $501873.00 | +36.8% |
| 2016 | $366754.00 | -37.4% |
| 2015 | $586103.00 | +32.7% |
| 2014 | $441699.00 | +152.9% |
| 2013 | $174656.00 | - |