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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
3.51%
↓ 92% below average
Average (9y)
42.85%
Historical baseline
Range
High:136.38%
Low:-27.79%
CAGR
-24.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 3.51% |
| 2023 | -27.79% |
| 2022 | 136.38% |
| 2021 | 124.63% |
| 2020 | 33.72% |
| 2019 | 14.96% |
| 2018 | 3.16% |
| 2017 | 7.16% |
| 2016 | 86.26% |
| 2015 | 46.47% |