Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 5.872B
December 31, 2022 5.005B
December 31, 2021 2.845B
December 31, 2020 1.983B
December 31, 2019 1.547B
December 31, 2018 1.434B
December 31, 2017 1.196B
December 31, 2016 1.008B
December 31, 2015 947.00M
December 31, 2014 1.072B
December 31, 2013 1.201B
December 31, 2012 1.354B
December 31, 2011 1.453B
December 31, 2010 1.405B
December 31, 2009 1.721B
Date Value
December 31, 2008 1.848B
December 31, 2007 1.771B
December 31, 2006 1.19B
December 31, 2005 1.144B
December 31, 2004 934.57M
December 31, 2003 852.08M
December 31, 2002 816.11M
December 31, 2001 650.93M
December 31, 2000 641.80M
December 31, 1999 635.80M
December 31, 1998 567.40M
December 31, 1997 467.88M
December 31, 1996 400.70M
December 31, 1995 416.52M
December 31, 1994 279.98M

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

1.547B
Minimum
2019
5.872B
Maximum
2023
3.450B
Average
2.845B
Median
2021

Research and Development Expense (Annual) Benchmarks