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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
7.12%
↓ 81% below average
Average (9y)
36.65%
Historical baseline
Range
High:61.79%
Low:7.12%
CAGR
-16.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 7.12% |
| 2023 | 27.40% |
| 2022 | 61.79% |
| 2021 | 58.70% |
| 2020 | 33.33% |
| 2019 | 34.39% |
| 2018 | 52.22% |
| 2017 | 19.42% |
| 2016 | 35.58% |
| 2015 | 36.54% |