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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
19.62%
↑ 36% above average
Average (9y)
14.47%
Historical baseline
Range
High:28.83%
Low:1.80%
CAGR
+14.0%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 19.62% |
| 2023 | 15.69% |
| 2022 | 8.47% |
| 2021 | 12.26% |
| 2020 | 17.78% |
| 2019 | 21.60% |
| 2018 | 1.80% |
| 2017 | 28.83% |
| 2016 | 12.62% |
| 2015 | 6.01% |