Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 270.81M
December 31, 2022 272.70M
December 31, 2021 290.92M
December 31, 2020 394.59M
December 31, 2019 512.83M
December 31, 2018 425.41M
December 31, 2017 412.89M
December 31, 2016 387.15M
December 31, 2015 344.40M
December 31, 2014 272.04M
December 31, 2013 128.12M
March 31, 2013 140.01M
March 31, 2012 141.89M
March 31, 2011 97.24M
March 31, 2010 95.36M
March 31, 2009 89.48M
Date Value
March 31, 2008 125.27M
March 31, 2007 117.32M
March 31, 2006 89.07M
March 31, 2005 91.64M
March 31, 2004 91.10M
March 31, 2003 85.39M
March 31, 2002 92.09M
March 31, 2001 68.77M
March 31, 2000 54.48M
March 31, 1999 48.50M
March 31, 1998 31.76M
March 31, 1997 29.55M
March 31, 1996 21.59M
March 31, 1995 19.00M
March 31, 1994 20.50M

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

270.81M
Minimum
2023
512.83M
Maximum
2019
348.37M
Average
290.92M
Median
2021

Research and Development Expense (Annual) Benchmarks