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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
3.52%
↓ 86% below average
Average (9y)
24.94%
Historical baseline
Range
High:89.62%
Low:-9.77%
CAGR
-18.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 3.52% |
| 2023 | -9.77% |
| 2022 | 25.33% |
| 2021 | 21.72% |
| 2020 | 89.62% |
| 2019 | 11.66% |
| 2018 | 31.28% |
| 2017 | 20.41% |
| 2016 | 32.85% |
| 2015 | 22.80% |