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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
8.15%
↓ 39% below average
Average (9y)
13.30%
Historical baseline
Range
High:34.85%
Low:-5.15%
CAGR
-5.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.15% |
| 2023 | -2.60% |
| 2022 | -0.58% |
| 2021 | 34.85% |
| 2020 | 32.65% |
| 2019 | -5.15% |
| 2018 | 24.54% |
| 2017 | 23.98% |
| 2016 | 4.10% |
| 2015 | 13.06% |