Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 5.45M
December 31, 2022 9.561M
December 31, 2021 9.134M
December 31, 2020 8.820M
December 31, 2019 8.739M
December 31, 2018 11.80M
December 31, 2017 23.29M
Date Value
December 31, 2016 17.31M
December 31, 2015 5.799M
December 31, 2014 1.616M
December 31, 2013 1.276M
December 31, 2012 1.483M
December 31, 2011 0.841M
December 31, 2010 0.247M

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

5.45M
Minimum
2023
9.561M
Maximum
2022
8.341M
Average
8.820M
Median
2020

Research and Development Expense (Annual) Benchmarks