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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
4.06%
↓ 57% below average
Average (9y)
9.37%
Historical baseline
Range
High:36.65%
Low:-5.85%
CAGR
-21.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.06% |
| 2023 | -1.03% |
| 2022 | -5.50% |
| 2021 | 33.29% |
| 2020 | 8.80% |
| 2019 | -5.85% |
| 2018 | -2.88% |
| 2017 | 15.39% |
| 2016 | 10.81% |
| 2015 | 36.65% |