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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
-1.10%
↓ 115% below average
Average (9y)
7.11%
Historical baseline
Range
High:35.46%
Low:-15.09%
CAGR
-12.9%
Structural decline
PeriodValue
2024-1.10%
202310.47%
202210.33%
202135.46%
2020-15.09%
201932.92%
20186.93%
2017-6.31%
20161.26%
2015-3.81%