ZTCOFZTCOFOTC
Loading
R&D Expenses Over TimeStrong
Percentile Rank93
3Y CAGR+8.5%
5Y CAGR+13.9%
Year-over-Year Change
Research and development spending
3Y CAGR
+8.5%/yr
vs +9.7%/yr prior
5Y CAGR
+13.9%/yr
Recent deceleration
Acceleration
-1.2pp
Decelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.9x
Solid growth
Streak
1 yr
Consecutive declineStrong
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $24.03B | -5.0% |
| 2023 | $25.29B | +17.1% |
| 2022 | $21.60B | +14.9% |
| 2021 | $18.80B | +27.1% |
| 2020 | $14.80B | +17.9% |
| 2019 | $12.55B | +15.1% |
| 2018 | $10.91B | -15.9% |
| 2017 | $12.96B | +1.6% |
| 2016 | $12.76B | +4.6% |
| 2015 | $12.20B | - |