Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
May 31, 2023 8.623B
May 31, 2022 7.219B
May 31, 2021 6.527B
May 31, 2020 6.067B
May 31, 2019 6.026B
May 31, 2018 6.084B
May 31, 2017 6.153B
May 31, 2016 5.787B
May 31, 2015 5.524B
May 31, 2014 5.151B
May 31, 2013 4.85B
May 31, 2012 4.523B
May 31, 2011 4.519B
May 31, 2010 3.254B
May 31, 2009 2.767B
Date Value
May 31, 2008 2.741B
May 31, 2007 2.195B
May 31, 2006 1.872B
May 31, 2005 1.491B
May 31, 2004 1.254B
May 31, 2003 1.18B
May 31, 2002 1.076B
May 31, 2001 1.139B
May 31, 2000 1.01B
May 31, 1999 841.41M
May 31, 1998 719.14M
May 31, 1997 555.48M
May 31, 1996 389.09M
May 31, 1995 260.60M
May 31, 1994 197.10M

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

6.026B
Minimum
2019
8.623B
Maximum
2023
6.892B
Average
6.527B
Median
2021

Research and Development Expense (Annual) Benchmarks