Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 2.741B
December 31, 2022 2.888B
December 31, 2021 2.742B
December 31, 2020 2.42B
December 31, 2019 2.44B
December 31, 2018 2.30B
December 31, 2017 2.26B
December 31, 2016 1.447B
December 31, 2015 1.405B
December 31, 2014 1.345B
December 31, 2013 1.371B
December 31, 2012 1.461B
December 31, 2011 1.512B
December 31, 2010 3.724B
December 31, 2009 2.914B
December 31, 2008 2.689B
Date Value
December 31, 2007 2.506B
December 31, 2006 2.255B
December 31, 2005 1.821B
December 31, 2004 1.697B
December 31, 2003 1.624B
December 31, 2002 1.475B
December 31, 2001 1.578B
December 31, 2000 1.351B
December 31, 1999 1.194B
December 31, 1998 1.229B
December 31, 1997 1.307B
December 31, 1996 1.205B
December 31, 1995 1.073B
December 31, 1994 963.52M
December 31, 1993 880.97M

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

2.42B
Minimum
2020
2.888B
Maximum
2022
2.646B
Average
2.741B
Median
2023

Research and Development Expense (Annual) Benchmarks