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R&D Expense Growth Recovery in Progress
Trending higher, below historical average.
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Year-over-year research & development expense growth
Latest
11.68%
↓ 42% below average
Average (9y)
20.09%
Historical baseline
Range
High:172.09%
Low:-61.22%
CAGR
-1.6%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 11.68% |
| 2023 | -2.24% |
| 2022 | 11.66% |
| 2021 | 6.84% |
| 2020 | 172.09% |
| 2019 | -61.22% |
| 2018 | 9.49% |
| 2017 | 10.51% |
| 2016 | 28.59% |
| 2015 | 13.51% |