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R&D Expense Growth Trend
Below historical average, modest growth trend.
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Year-over-year research & development expense growth
Latest
14.67%
↓ 30% below average
Average (9y)
20.88%
Historical baseline
Range
High:37.15%
Low:6.78%
CAGR
+3.4%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 14.67% |
| 2023 | 13.63% |
| 2022 | 31.00% |
| 2021 | 12.75% |
| 2020 | 6.78% |
| 2019 | 33.29% |
| 2018 | 27.24% |
| 2017 | 37.15% |
| 2016 | 21.38% |
| 2015 | 10.90% |