Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 3.420B
December 31, 2022 3.471B
December 31, 2021 3.862B
December 31, 2020 2.828B
December 31, 2019 2.656B
December 31, 2018 2.386B
December 31, 2017 1.916B
December 31, 2016 1.525B
December 31, 2015 1.620B
December 31, 2014 1.133B
December 31, 2013 667.78M
Date Value
December 31, 2012 364.79M
December 31, 2011 206.25M
December 31, 2010 105.85M
December 31, 2009 61.95M
December 31, 2008 60.92M
December 31, 2007 18.53M
December 31, 2006 35.95M
December 31, 2005 5.404M
December 31, 2004 1.758M
December 31, 2003 4.157M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

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Research and Development Expense (Annual) Range, Past 5 Years

2.656B
Minimum
2019
3.862B
Maximum
2021
3.247B
Average
3.420B
Median
2023

Research and Development Expense (Annual) Benchmarks