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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
1.40%
↓ 94% below average
Average (9y)
24.64%
Historical baseline
Range
High:59.52%
Low:0.82%
CAGR
-29.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.40% |
| 2023 | 5.50% |
| 2022 | 1.63% |
| 2021 | 26.99% |
| 2020 | 59.52% |
| 2019 | 41.27% |
| 2018 | 34.20% |
| 2017 | 0.82% |
| 2016 | 41.84% |
| 2015 | 33.25% |