Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 426.50M
December 31, 2022 436.19M
December 31, 2021 462.97M
December 31, 2020 438.01M
December 31, 2019 383.86M
December 31, 2018 432.34M
December 31, 2017 449.33M
December 31, 2016 419.74M
December 31, 2015 383.59M
December 31, 2014 450.80M
December 31, 2013 420.78M
December 31, 2012 330.98M
December 31, 2011 319.60M
Date Value
December 31, 2010 277.17M
December 31, 2009 243.50M
December 31, 2008 262.48M
December 31, 2007 292.80M
December 31, 2006 289.50M
December 31, 2005 300.76M
December 31, 2004 221.07M
December 31, 2003 170.01M
December 31, 2002 214.29M
December 31, 2001 263.83M
December 31, 2000 201.52M
December 31, 1999 98.62M

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

383.86M
Minimum
2019
462.97M
Maximum
2021
429.51M
Average
436.19M
Median
2022

Research and Development Expense (Annual) Benchmarks