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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
4.24%
↓ 80% below average
Average (9y)
21.08%
Historical baseline
Range
High:70.63%
Low:-8.52%
CAGR
-26.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.24% |
| 2023 | 9.10% |
| 2022 | -8.52% |
| 2021 | -2.24% |
| 2020 | 1.84% |
| 2019 | -8.00% |
| 2018 | 41.14% |
| 2017 | 42.79% |
| 2016 | 59.78% |
| 2015 | 70.63% |