VirTra, Inc.VTSINASDAQ
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R&D Expense Growth Under Pressure
Below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
7.48%
↓ 43% below average
Average (9y)
13.24%
Historical baseline
Range
High:54.83%
Low:-33.97%
CAGR
-19.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 7.48% |
| 2023 | 7.19% |
| 2022 | 39.71% |
| 2021 | 16.37% |
| 2020 | 19.16% |
| 2019 | -0.92% |
| 2018 | 5.67% |
| 2017 | 16.82% |
| 2016 | -33.97% |
| 2015 | 54.83% |