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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
7.57%
↓ 75% below average
Average (9y)
30.24%
Historical baseline
Range
High:54.88%
Low:7.57%
CAGR
-19.0%
Structural decline
| Period | Value |
|---|---|
| 2024 | 7.57% |
| 2023 | 11.12% |
| 2022 | 53.66% |
| 2021 | 30.50% |
| 2020 | 27.54% |
| 2019 | 54.88% |
| 2018 | 20.77% |
| 2017 | 34.29% |
| 2016 | 11.67% |
| 2015 | 50.36% |