Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 2.805B
December 31, 2022 2.711B
December 31, 2021 2.732B
December 31, 2020 2.582B
December 31, 2019 2.452B
December 31, 2018 1.878B
December 31, 2017 2.427B
December 31, 2016 2.376B
December 31, 2015 2.279B
December 31, 2014 2.475B
December 31, 2013 2.342B
December 31, 2012 2.371B
December 31, 2011 1.951B
December 31, 2010 1.656B
December 31, 2009 1.558B
December 31, 2008 1.771B
December 31, 2007 1.678B
Date Value
December 31, 2006 1.529B
December 31, 2005 1.367B
December 31, 2004 1.267B
December 31, 2003 1.027B
December 31, 2002 1.191B
December 31, 2001 1.254B
December 31, 2000 1.302B
December 31, 1999 1.292B
December 31, 1998 1.168B
December 31, 1997 1.069B
December 31, 1996 1.122B
December 31, 1995 963.00M
December 31, 1994 978.00M
December 31, 1993 1.137B
December 31, 1992 1.221B
December 31, 1991 1.133B

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

2.452B
Minimum
2019
2.805B
Maximum
2023
2.656B
Average
2.711B
Median
2022

Research and Development Expense (Annual) Benchmarks