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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
10.48%
Near historical average
Average (9y)
10.75%
Historical baseline
Range
High:27.92%
Low:-2.01%
CAGR
-8.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 10.48% |
| 2023 | 11.80% |
| 2022 | 27.92% |
| 2021 | 9.28% |
| 2020 | 1.42% |
| 2019 | 15.08% |
| 2018 | 3.80% |
| 2017 | 5.61% |
| 2016 | -2.01% |
| 2015 | 24.16% |