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Research and development spending
3Y CAGR
+4.4%/yr
vs +19.3%/yr prior
5Y CAGR
-6.4%/yr
Recent acceleration
Acceleration
-14.9pp
Decelerating
Percentile
P93
Near historical high
vs 5Y Ago
0.7x
Contraction
Streak
2 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $116.79M | +11.6% |
| 2024 | $104.65M | +40.3% |
| 2023 | $74.61M | -27.3% |
| 2022 | $102.68M | -3.5% |
| 2021 | $106.40M | -34.7% |
| 2020 | $162.93M | +115.1% |
| 2019 | $75.73M | +49.2% |
| 2018 | $50.76M | -46.0% |
| 2017 | $93.96M | +13.1% |
| 2016 | $83.09M | - |