ServiceNow, Inc.NOWNYSE
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R&D Expense Growth Under Pressure
Below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
19.73%
↓ 40% below average
Average (9y)
33.15%
Historical baseline
Range
High:46.63%
Low:19.73%
CAGR
-9.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 19.73% |
| 2023 | 20.14% |
| 2022 | 26.56% |
| 2021 | 36.38% |
| 2020 | 36.87% |
| 2019 | 41.33% |
| 2018 | 40.26% |
| 2017 | 32.35% |
| 2016 | 31.21% |
| 2015 | 46.63% |