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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
5.22%
↓ 84% below average
Average (9y)
31.75%
Historical baseline
Range
High:74.12%
Low:-0.03%
CAGR
-20.2%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.22% |
| 2023 | 16.36% |
| 2022 | 67.90% |
| 2021 | -0.03% |
| 2020 | 13.11% |
| 2019 | 25.24% |
| 2018 | 74.12% |
| 2017 | 42.32% |
| 2016 | 33.42% |
| 2015 | 39.84% |