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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year research & development expense growth

Latest
-3.34%
↓ 232% below average
Average (9y)
2.54%
Historical baseline
Range
High:18.70%
Low:-13.33%
CAGR
-5.4%
Structural decline
PeriodValue
2024-3.34%
2023-13.33%
2022-3.09%
202115.96%
20205.14%
201918.70%
201810.31%
2017-3.04%
20163.60%
2015-5.53%