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R&D Expense Growth Trend
Above historical average, modest growth trend.
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Year-over-year research & development expense growth
Latest
9.89%
↑ 206% above average
Average (9y)
3.23%
Historical baseline
Range
High:13.80%
Low:-15.65%
CAGR
+6.7%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 9.89% |
| 2023 | 10.28% |
| 2022 | -15.65% |
| 2021 | 13.80% |
| 2020 | 4.22% |
| 2019 | -1.63% |
| 2018 | -6.33% |
| 2017 | -0.99% |
| 2016 | 13.20% |
| 2015 | 5.52% |