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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
8.06%
↓ 20% below average
Average (9y)
10.10%
Historical baseline
Range
High:151.24%
Low:-86.04%
CAGR
-18.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.06% |
| 2023 | -28.97% |
| 2022 | -15.60% |
| 2021 | 13.72% |
| 2020 | 2.54% |
| 2019 | 151.24% |
| 2018 | -7.61% |
| 2017 | -86.04% |
| 2016 | 11.90% |
| 2015 | 51.75% |