Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.004B
December 31, 2022 883.02M
December 31, 2021 792.16M
December 31, 2020 654.82M
December 31, 2019 655.11M
December 31, 2018 505.42M
December 31, 2017 390.64M
December 31, 2016 382.39M
December 31, 2015 276.50M
December 31, 2014 190.25M
December 31, 2013 112.96M
Date Value
December 31, 2012 86.57M
December 31, 2011 99.30M
December 31, 2010 106.38M
December 31, 2009 108.73M
December 31, 2008 96.88M
December 31, 2007 120.69M
December 31, 2006 49.80M
December 31, 2005 35.32M
December 31, 2004 24.60M
December 31, 2003 13.10M
December 31, 2002 3.342M

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

654.82M
Minimum
2020
1.004B
Maximum
2023
797.90M
Average
792.16M
Median
2021

Research and Development Expense (Annual) Benchmarks