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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
7.29%
↓ 53% below average
Average (9y)
15.45%
Historical baseline
Range
High:39.76%
Low:-6.45%
CAGR
-16.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 7.29% |
| 2023 | 21.31% |
| 2022 | -0.70% |
| 2021 | 18.34% |
| 2020 | 13.44% |
| 2019 | 39.76% |
| 2018 | 22.17% |
| 2017 | 3.96% |
| 2016 | -6.45% |
| 2015 | 35.37% |