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R&D Expense Growth Trend
Below historical average.
Left:
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Year-over-year research & development expense growth
Latest
12.30%
↓ 20% below average
Average (9y)
15.31%
Historical baseline
Range
High:47.21%
Low:-10.49%
CAGR
+2.3%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 12.30% |
| 2023 | 11.81% |
| 2022 | 11.82% |
| 2021 | 47.21% |
| 2020 | -10.49% |
| 2019 | 8.55% |
| 2018 | 19.30% |
| 2017 | 35.87% |
| 2016 | 6.76% |
| 2015 | 10.01% |