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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
5.50%
↓ 69% below average
Average (9y)
18.00%
Historical baseline
Range
High:39.83%
Low:3.55%
CAGR
-19.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.50% |
| 2023 | 18.79% |
| 2022 | 9.39% |
| 2021 | 16.74% |
| 2020 | 10.11% |
| 2019 | 3.55% |
| 2018 | 26.24% |
| 2017 | 26.73% |
| 2016 | 23.09% |
| 2015 | 39.83% |