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R&D Expense Growth Under Pressure
Trending lower, strong compound growth.
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Year-over-year research & development expense growth

Latest
10.60%
Near historical average
Average (9y)
10.75%
Historical baseline
Range
High:36.78%
Low:-0.55%
CAGR
+10.3%
Consistent expansion
PeriodValue
202410.60%
202336.78%
20221.64%
202134.74%
2020-0.55%
20190.55%
201812.63%
20172.11%
20164.65%
20154.39%