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R&D Expense Growth Under Pressure
Trending lower, below historical average, slight contraction.
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Year-over-year research & development expense growth

Latest
18.49%
↓ 30% below average
Average (9y)
26.49%
Historical baseline
Range
High:61.53%
Low:8.71%
CAGR
-6.3%
Structural decline
PeriodValue
202418.49%
202320.81%
20228.71%
202132.51%
20208.96%
201921.71%
201824.94%
201761.53%
201634.04%
201533.24%