Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 2.108B
December 31, 2022 1.814B
December 31, 2021 1.686B
December 31, 2020 1.415B
December 31, 2019 1.693B
December 31, 2018 1.85B
December 31, 2017 1.842B
December 31, 2016 1.853B
December 31, 2015 2.119B
December 31, 2014 2.38B
December 31, 2013 2.046B
December 31, 2012 2.466B
December 31, 2011 2.297B
December 31, 2010 1.905B
Date Value
December 31, 2009 1.421B
December 31, 2008 1.728B
December 31, 2007 1.404B
December 31, 2006 1.347B
December 31, 2005 1.084B
December 31, 2004 928.00M
December 31, 2003 669.00M
December 31, 2002 656.00M
December 31, 2001 696.00M
December 31, 2000 649.00M
December 31, 1999 626.00M
December 31, 1998 643.00M
December 31, 1997 528.00M

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

1.415B
Minimum
2020
2.108B
Maximum
2023
1.743B
Average
1.693B
Median
2019

Research and Development Expense (Annual) Benchmarks