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R&D Expense Growth Under Pressure
Trending lower, below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
7.98%
↓ 32% below average
Average (9y)
11.81%
Historical baseline
Range
High:36.51%
Low:-4.87%
CAGR
-5.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 7.98% |
| 2023 | 16.28% |
| 2022 | 12.93% |
| 2021 | 2.94% |
| 2020 | 20.73% |
| 2019 | 36.51% |
| 2018 | 3.44% |
| 2017 | -4.87% |
| 2016 | 8.76% |
| 2015 | 13.38% |