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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
6.00%
↓ 72% below average
Average (9y)
21.45%
Historical baseline
Range
High:64.06%
Low:-1.29%
CAGR
-23.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.00% |
| 2023 | 12.08% |
| 2022 | 36.73% |
| 2021 | -1.29% |
| 2020 | 9.01% |
| 2019 | 3.01% |
| 2018 | 7.95% |
| 2017 | 54.95% |
| 2016 | 21.98% |
| 2015 | 64.06% |