Proto Labs, Inc.PRLBNYSE
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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
2.90%
↓ 71% below average
Average (9y)
10.05%
Historical baseline
Range
High:22.01%
Low:-13.61%
CAGR
-13.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.90% |
| 2023 | 5.00% |
| 2022 | -13.61% |
| 2021 | 19.76% |
| 2020 | 12.99% |
| 2019 | 13.77% |
| 2018 | 21.97% |
| 2017 | 5.23% |
| 2016 | 22.01% |
| 2015 | 10.50% |