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R&D Expense Growth Accelerating
Trending higher, above historical average, strong compound growth.
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Year-over-year research & development expense growth
Latest
19.51%
↑ 201% above average
Average (9y)
6.48%
Historical baseline
Range
High:50.89%
Low:-32.99%
CAGR
+22.1%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 19.51% |
| 2023 | 6.49% |
| 2022 | -32.99% |
| 2021 | 17.40% |
| 2020 | 8.60% |
| 2019 | 50.89% |
| 2018 | -12.07% |
| 2017 | -2.14% |
| 2016 | 5.92% |
| 2015 | 3.24% |