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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
9.08%
↓ 49% below average
Average (9y)
17.73%
Historical baseline
Range
High:45.98%
Low:2.59%
CAGR
-16.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 9.08% |
| 2023 | 2.86% |
| 2022 | 5.36% |
| 2021 | 45.98% |
| 2020 | 33.83% |
| 2019 | 17.58% |
| 2018 | 3.28% |
| 2017 | 2.59% |
| 2016 | 11.81% |
| 2015 | 44.92% |