Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 64.84M
December 31, 2022 56.39M
December 31, 2021 55.34M
December 31, 2020 48.94M
December 31, 2019 51.60M
December 31, 2018 51.49M
Date Value
December 31, 2017 47.24M
December 31, 2016 48.13M
December 31, 2015 45.98M
December 31, 2014 44.24M
December 31, 2013 42.15M

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

48.94M
Minimum
2020
64.84M
Maximum
2023
55.42M
Average
55.34M
Median
2021

Research and Development Expense (Annual) Benchmarks