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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
1.95%
↓ 77% below average
Average (9y)
8.56%
Historical baseline
Range
High:46.11%
Low:-21.10%
CAGR
-7.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.95% |
| 2023 | -3.63% |
| 2022 | -0.97% |
| 2021 | -1.53% |
| 2020 | 1.61% |
| 2019 | 16.60% |
| 2018 | -21.10% |
| 2017 | 46.11% |
| 2016 | 42.58% |
| 2015 | 3.95% |