Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
October 31, 2023 3.102B
October 31, 2022 2.771B
October 31, 2021 2.485B
October 31, 2020 2.234B
October 31, 2019 2.054B
October 31, 2018 2.022B
October 31, 2017 1.781B
October 31, 2016 1.54B
October 31, 2015 1.451B
October 31, 2014 1.428B
October 31, 2013 1.32B
October 31, 2012 1.237B
October 31, 2011 1.118B
October 31, 2010 1.143B
October 31, 2009 934.12M
Date Value
October 31, 2008 1.104B
October 31, 2007 1.142B
October 31, 2006 1.152B
October 31, 2005 940.51M
October 31, 2004 991.87M
October 31, 2003 920.62M
October 31, 2002 1.052B
October 31, 2001 1.199B
October 31, 2000 1.108B
October 31, 1999 740.11M
October 31, 1998 697.29M
October 31, 1997 567.60M
October 31, 1996
October 31, 1995 329.70M
October 31, 1994 189.10M

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

2.054B
Minimum
2019
3.102B
Maximum
2023
2.529B
Average
2.485B
Median
2021

Research and Development Expense (Annual) Benchmarks