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Research and development spending
3Y CAGR
+3.1%/yr
vs +8.3%/yr prior
5Y CAGR
+5.1%/yr
Consistent
Acceleration
-5.2pp
Decelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.3x
Solid growth
Streak
1 yr
Consecutive declineStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $68.30M | -0.4% |
| 2024 | $68.60M | +1.3% |
| 2023 | $67.70M | +8.5% |
| 2022 | $62.40M | +12.8% |
| 2021 | $55.30M | +3.9% |
| 2020 | $53.20M | +0.8% |
| 2019 | $52.80M | +16.3% |
| 2018 | $45.40M | +14.6% |
| 2017 | $39.60M | +4.2% |
| 2016 | $38.00M | - |