Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 577.30M
December 31, 2022 600.20M
December 31, 2021 655.00M
December 31, 2020 642.90M
December 31, 2019 640.90M
December 31, 2018 650.70M
December 31, 2017 594.70M
December 31, 2016 446.80M
December 31, 2015 396.70M
December 31, 2014 366.60M
December 31, 2013 334.20M
December 31, 2012 367.50M
December 31, 2011 362.50M
Date Value
December 31, 2010 248.00M
December 31, 2009 198.80M
December 31, 2008 233.90M
December 31, 2007 133.00M
December 31, 2006 101.20M
December 31, 2005 93.70M
December 31, 2004 94.40M
December 31, 2003 85.50M
December 31, 2002 81.50M
December 31, 2001 94.50M
December 31, 2000 69.20M
December 31, 1999 16.30M

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

577.30M
Minimum
2023
655.00M
Maximum
2021
623.26M
Average
640.90M
Median
2019

Research and Development Expense (Annual) Benchmarks