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R&D Expense Growth Under Pressure
Below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
17.25%
↓ 43% below average
Average (9y)
30.14%
Historical baseline
Range
High:47.20%
Low:11.72%
CAGR
-7.4%
Structural decline
| Period | Value |
|---|---|
| 2024 | 17.25% |
| 2023 | 16.48% |
| 2022 | 31.65% |
| 2021 | 41.70% |
| 2020 | 23.17% |
| 2019 | 42.72% |
| 2018 | 11.72% |
| 2017 | 47.20% |
| 2016 | 35.03% |
| 2015 | 34.48% |