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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
4.54%
↓ 44% below average
Average (9y)
8.15%
Historical baseline
Range
High:32.33%
Low:-16.57%
CAGR
-10.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.54% |
| 2023 | 23.66% |
| 2022 | 0.07% |
| 2021 | 18.30% |
| 2020 | 1.74% |
| 2019 | -16.57% |
| 2018 | -2.93% |
| 2017 | 7.90% |
| 2016 | 32.33% |
| 2015 | 12.44% |