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R&D Expense Growth Trend
Above historical average, structural decline.
Left:
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Year-over-year research & development expense growth
Latest
21.54%
↑ 57% above average
Average (9y)
13.75%
Historical baseline
Range
High:79.72%
Low:-9.91%
CAGR
-13.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 21.54% |
| 2023 | 22.41% |
| 2022 | 8.95% |
| 2021 | -9.91% |
| 2020 | 1.34% |
| 2019 | 7.39% |
| 2018 | 5.54% |
| 2017 | -4.53% |
| 2016 | 5.03% |
| 2015 | 79.72% |