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R&D Expense Growth Under Pressure
Trending lower, slight contraction.
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Year-over-year research & development expense growth
Latest
24.11%
↓ 14% below average
Average (9y)
28.09%
Historical baseline
Range
High:49.40%
Low:9.32%
CAGR
-4.2%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 24.11% |
| 2023 | 31.39% |
| 2022 | 49.40% |
| 2021 | 41.61% |
| 2020 | 12.90% |
| 2019 | 9.32% |
| 2018 | 26.85% |
| 2017 | 26.53% |
| 2016 | 23.41% |
| 2015 | 35.41% |