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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
23.31%
↑ 139% above average
Average (9y)
9.74%
Historical baseline
Range
High:28.62%
Low:-13.46%
CAGR
+18.7%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 23.31% |
| 2023 | 13.45% |
| 2022 | 20.61% |
| 2021 | 11.34% |
| 2020 | 2.41% |
| 2019 | -13.46% |
| 2018 | 5.46% |
| 2017 | 0.66% |
| 2016 | 28.62% |
| 2015 | 4.99% |