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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
5.70%
↓ 86% below average
Average (9y)
41.81%
Historical baseline
Range
High:100.08%
Low:5.70%
CAGR
-15.2%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.70% |
| 2023 | 20.78% |
| 2022 | 61.80% |
| 2021 | 76.94% |
| 2020 | 100.08% |
| 2019 | 42.76% |
| 2018 | 24.31% |
| 2017 | 17.05% |
| 2016 | 43.44% |
| 2015 | 25.24% |