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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
19.57%
Near historical average
Average (9y)
20.52%
Historical baseline
Range
High:54.68%
Low:-4.52%
CAGR
-7.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 19.57% |
| 2023 | 32.25% |
| 2022 | 54.68% |
| 2021 | 8.77% |
| 2020 | 25.40% |
| 2019 | 25.13% |
| 2018 | -4.52% |
| 2017 | 1.81% |
| 2016 | 1.55% |
| 2015 | 40.52% |