Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 30.53B
December 31, 2022 13.55B
December 31, 2021 12.24B
December 31, 2020 13.40B
December 31, 2019 9.724B
December 31, 2018 9.752B
December 31, 2017 10.34B
December 31, 2016 10.26B
December 31, 2015 6.704B
December 31, 2014 7.18B
December 31, 2013 7.503B
December 31, 2012 8.168B
December 31, 2011 8.467B
December 31, 2010 11.11B
December 31, 2009 5.845B
December 31, 2008 4.805B
Date Value
December 31, 2007 4.883B
December 31, 2006 4.783B
December 31, 2005 3.848B
December 31, 2004 4.010B
December 31, 2003 3.280B
December 31, 2002 2.677B
December 31, 2001 2.456B
December 31, 2000 2.344B
December 31, 1999 2.068B
December 31, 1998 1.821B
December 31, 1997 1.684B
December 31, 1996 1.487B
December 31, 1995 1.331B
December 31, 1994 1.231B
December 31, 1993 1.173B

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

9.724B
Minimum
2019
30.53B
Maximum
2023
15.89B
Average
13.40B
Median
2020

Research and Development Expense (Annual) Benchmarks