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R&D Expense Growth Accelerating
Trending higher, above historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
31.53%
↑ 15% above average
Average (9y)
27.38%
Historical baseline
Range
High:64.81%
Low:2.33%
CAGR
-7.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 31.53% |
| 2023 | 8.92% |
| 2022 | 2.33% |
| 2021 | 41.00% |
| 2020 | 24.24% |
| 2019 | 47.30% |
| 2018 | 19.57% |
| 2017 | 16.56% |
| 2016 | 17.49% |
| 2015 | 64.81% |