Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
January 31, 2024 736.76M
January 31, 2023 692.53M
January 31, 2022 581.94M
January 31, 2021 480.47M
January 31, 2020 433.66M
January 31, 2019 349.94M
Date Value
January 31, 2018 279.20M
January 31, 2017 245.82M
January 31, 2016 166.64M
January 31, 2015 92.71M
January 31, 2014 36.08M

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

433.66M
Minimum
2020
736.76M
Maximum
2024
585.07M
Average
581.94M
Median
2022

Research and Development Expense (Annual) Benchmarks