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R&D Expense Growth Accelerating
Trending higher, above historical average, strong compound growth.
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Year-over-year research & development expense growth
Latest
41.53%
↑ 561% above average
Average (9y)
6.29%
Historical baseline
Range
High:41.53%
Low:-11.08%
CAGR
+41.8%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 41.53% |
| 2023 | -6.55% |
| 2022 | 15.38% |
| 2021 | -4.46% |
| 2020 | 3.27% |
| 2019 | 14.71% |
| 2018 | -1.05% |
| 2017 | -11.08% |
| 2016 | 9.34% |
| 2015 | 1.79% |