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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
1.05%
↓ 94% below average
Average (9y)
16.36%
Historical baseline
Range
High:35.15%
Low:1.05%
CAGR
-25.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.05% |
| 2023 | 7.46% |
| 2022 | 35.15% |
| 2021 | 8.54% |
| 2020 | 26.82% |
| 2019 | 8.55% |
| 2018 | 20.67% |
| 2017 | 17.18% |
| 2016 | 23.18% |
| 2015 | 14.99% |