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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
17.03%
↓ 16% below average
Average (9y)
20.23%
Historical baseline
Range
High:42.65%
Low:3.24%
CAGR
-5.0%
Modest growth trend
PeriodValue
202417.03%
20233.24%
202215.63%
202142.65%
20209.50%
201914.74%
201831.04%
201716.18%
201625.32%
201526.94%