Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 5.855B
December 31, 2022 5.498B
December 31, 2021 4.465B
December 31, 2020 3.719B
December 31, 2019 2.959B
December 31, 2018 2.851B
December 31, 2017 2.654B
December 31, 2016 2.209B
December 31, 2015 2.065B
December 31, 2014 1.875B
December 31, 2013 1.615B
December 31, 2012 1.366B
December 31, 2011 1.151B
December 31, 2010 942.02M
Date Value
December 31, 2009 653.65M
December 31, 2008 681.45M
December 31, 2007 545.21M
December 31, 2006 493.83M
December 31, 2005 437.77M
December 31, 2004 376.22M
December 31, 2003 369.14M
December 31, 2002 341.11M
December 31, 2001 332.16M
December 31, 2000 163.98M
December 31, 1999 95.66M
December 31, 1998 96.74M
December 31, 1997 87.56M

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

2.959B
Minimum
2019
5.855B
Maximum
2023
4.499B
Average
4.465B
Median
2021

Research and Development Expense (Annual) Benchmarks