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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
3.43%
↓ 75% below average
Average (9y)
13.80%
Historical baseline
Range
High:39.63%
Low:-5.27%
CAGR
-16.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 3.43% |
| 2023 | -5.27% |
| 2022 | 16.74% |
| 2021 | 12.54% |
| 2020 | 12.82% |
| 2019 | -2.38% |
| 2018 | 39.63% |
| 2017 | 36.20% |
| 2016 | 6.26% |
| 2015 | 18.07% |