Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 65.80M
December 31, 2022 70.54M
December 31, 2021 74.54M
December 31, 2020 49.77M
December 31, 2019 17.77M
December 31, 2018 18.46M
December 31, 2017 18.41M
December 31, 2016 7.222M
December 31, 2015 5.134M
Date Value
December 31, 2014 9.320M
December 31, 2013 15.29M
December 31, 2012 19.51M
December 31, 2011 21.22M
December 31, 2010 20.88M
December 31, 2009 30.22M
December 31, 2008 31.81M
December 31, 2007 16.56M
December 31, 2006 7.259M

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

17.77M
Minimum
2019
74.54M
Maximum
2021
55.68M
Average
65.80M
Median
2023

Research and Development Expense (Annual) Benchmarks