Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 126.81M
December 31, 2022 111.88M
December 31, 2021 97.63M
December 31, 2020 84.28M
December 31, 2019 87.61M
December 31, 2018 71.90M
December 31, 2017 57.70M
December 31, 2016 54.74M
December 31, 2015 53.86M
December 31, 2014 48.95M
December 31, 2013 44.55M
December 31, 2012 44.70M
December 31, 2011 42.37M
December 31, 2010 40.51M
Date Value
December 31, 2009 36.68M
December 31, 2008 48.41M
December 31, 2007 46.59M
December 31, 2006 41.47M
December 31, 2005 34.14M
December 31, 2004 28.82M
December 31, 2003 27.36M
December 31, 2002 20.78M
December 31, 2001 19.41M
December 31, 2000 16.11M
December 31, 1999 10.20M
December 31, 1998 9.00M
December 31, 1997 3.00M

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

84.28M
Minimum
2020
126.81M
Maximum
2023
101.64M
Average
97.63M
Median
2021

Research and Development Expense (Annual) Benchmarks