Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 45.43B
December 31, 2022 39.50B
December 31, 2021 31.56B
December 31, 2020 27.57B
December 31, 2019 26.02B
December 31, 2018 21.42B
December 31, 2017 16.62B
December 31, 2016 13.95B
December 31, 2015 12.28B
December 31, 2014 9.832B
December 31, 2013 7.137B
December 31, 2012 6.083B
Date Value
December 31, 2011 5.162B
December 31, 2010 3.762B
December 31, 2009 2.843B
December 31, 2008 2.793B
December 31, 2007 2.120B
December 31, 2006 1.229B
December 31, 2005 599.51M
December 31, 2004 225.63M
December 31, 2003 91.23M
December 31, 2002 31.75M
December 31, 2001 16.50M

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

26.02B
Minimum
2019
45.43B
Maximum
2023
34.02B
Average
31.56B
Median
2021

Research and Development Expense (Annual) Benchmarks