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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
8.94%
↓ 49% below average
Average (9y)
17.65%
Historical baseline
Range
High:39.03%
Low:-6.14%
CAGR
-15.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.94% |
| 2023 | 38.57% |
| 2022 | 17.24% |
| 2021 | 21.91% |
| 2020 | -6.14% |
| 2019 | 0.90% |
| 2018 | 2.35% |
| 2017 | 16.62% |
| 2016 | 37.08% |
| 2015 | 39.03% |