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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
7.05%
↓ 39% below average
Average (9y)
11.59%
Historical baseline
Range
High:19.54%
Low:5.43%
CAGR
-5.7%
Structural decline
PeriodValue
20247.05%
20235.43%
202219.54%
202115.78%
20205.69%
201913.08%
20189.95%
20177.86%
201619.49%
201511.99%