Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
October 31, 2023 1.660B
October 31, 2022 1.701B
October 31, 2021 1.296B
October 31, 2020 1.051B
October 31, 2019 1.130B
October 31, 2018 1.165B
October 31, 2017 968.13M
October 31, 2016 653.82M
October 31, 2015 637.46M
October 31, 2014 559.69M
October 31, 2013 513.04M
October 31, 2012 511.84M
October 31, 2011 505.57M
October 31, 2010 492.30M
October 31, 2009 446.98M
Date Value
October 31, 2008 533.48M
October 31, 2007 509.55M
October 31, 2006 459.85M
October 31, 2005 438.18M
October 31, 2004 514.44M
October 31, 2003 450.23M
October 31, 2002 423.87M
October 31, 2001 464.69M
October 31, 2000 400.57M
October 31, 1999 257.00M
October 31, 1998 219.40M
October 31, 1997 196.10M
October 31, 1996
October 31, 1995 134.30M
October 31, 1994 106.90M

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

1.051B
Minimum
2020
1.701B
Maximum
2022
1.368B
Average
1.296B
Median
2021

Research and Development Expense (Annual) Benchmarks