Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
March 31, 2023 1.118B
March 31, 2022 989.10M
March 31, 2021 836.40M
March 31, 2020 877.80M
March 31, 2019 826.30M
March 31, 2018 529.30M
March 31, 2017 545.30M
March 31, 2016 372.60M
March 31, 2015 349.54M
March 31, 2014 305.04M
March 31, 2013 254.72M
March 31, 2012 182.65M
March 31, 2011 170.61M
March 31, 2010 120.82M
March 31, 2009 115.52M
Date Value
March 31, 2008 120.86M
March 31, 2007 113.70M
March 31, 2006 94.93M
March 31, 2005 93.04M
March 31, 2004 85.39M
March 31, 2003 87.96M
March 31, 2002 81.65M
March 31, 2001 78.60M
March 31, 2000 52.36M
March 31, 1999 46.38M
March 31, 1998 38.40M
March 31, 1997 32.07M
March 31, 1996 27.50M
March 31, 1995 20.70M

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

836.40M
Minimum
2021
1.118B
Maximum
2023
955.40M
Average
933.45M
Median

Research and Development Expense (Annual) Benchmarks