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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+42.7%
5Y CAGR+27.1%
Year-over-Year Change
Research and development spending
3Y CAGR
+42.7%/yr
vs +16.1%/yr prior
5Y CAGR
+27.1%/yr
Recent acceleration
Acceleration
+26.6pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.3x
Strong expansion
Streak
3 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $281.54M | +10.3% |
| 2024 | $255.30M | +99.9% |
| 2023 | $127.70M | +31.8% |
| 2022 | $96.90M | -24.8% |
| 2021 | $128.90M | +51.8% |
| 2020 | $84.90M | +0.8% |
| 2019 | $84.20M | +57.8% |
| 2018 | $53.37M | +49.9% |
| 2017 | $35.61M | +17.0% |
| 2016 | $30.43M | - |