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R&D Expense Growth Under Pressure
Trending lower, below historical average, strong compound growth.
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Year-over-year research & development expense growth
Latest
34.42%
↓ 23% below average
Average (9y)
44.97%
Historical baseline
Range
High:133.44%
Low:7.05%
CAGR
+19.0%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 34.42% |
| 2023 | 112.15% |
| 2022 | 133.44% |
| 2021 | 7.05% |
| 2020 | 32.61% |
| 2019 | 12.83% |
| 2018 | 33.42% |
| 2017 | 17.90% |
| 2016 | 58.70% |
| 2015 | 7.18% |