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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
6.35%
↓ 77% below average
Average (9y)
28.18%
Historical baseline
Range
High:65.60%
Low:3.07%
CAGR
-22.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.35% |
| 2023 | 16.44% |
| 2022 | 37.50% |
| 2021 | 10.27% |
| 2020 | 22.77% |
| 2019 | 19.68% |
| 2018 | 54.12% |
| 2017 | 3.07% |
| 2016 | 45.99% |
| 2015 | 65.60% |