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R&D Expense Growth Trend
Slight contraction.
Left:
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Year-over-year research & development expense growth
Latest
13.42%
↓ 11% below average
Average (9y)
15.16%
Historical baseline
Range
High:57.91%
Low:-20.89%
CAGR
-5.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 13.42% |
| 2023 | 14.87% |
| 2022 | 5.54% |
| 2021 | -5.96% |
| 2020 | -0.86% |
| 2019 | 18.66% |
| 2018 | -20.89% |
| 2017 | 57.91% |
| 2016 | 47.01% |
| 2015 | 21.91% |