Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
October 31, 2023 2.177B
October 31, 2022 1.912B
October 31, 2021 1.587B
October 31, 2020 1.644B
October 31, 2019 1.783B
October 31, 2018 1.658B
October 31, 2017 1.373B
October 31, 2016 1.394B
October 31, 2015 1.425B
October 31, 2014 1.452B
October 31, 2013 1.477B
October 31, 2012 1.434B
October 31, 2011 1.226B
October 31, 2010 1.052B
Date Value
October 31, 2009 977.00M
October 31, 2008 943.10M
October 31, 2007 816.80M
October 31, 2006 725.80M
October 31, 2005 677.30M
October 31, 2004 611.60M
October 31, 2003 577.30M
October 31, 2002 527.80M
October 31, 2001 590.10M
October 31, 2000 542.10M
October 31, 1999 458.40M
October 31, 1998 444.40M
October 31, 1997 412.30M
October 31, 1996 370.30M

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

1.587B
Minimum
2021
2.177B
Maximum
2023
1.821B
Average
1.783B
Median
2019

Research and Development Expense (Annual) Benchmarks