Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 4.784B
December 31, 2022 4.434B
December 31, 2021 4.819B
December 31, 2020 4.207B
December 31, 2019 4.116B
December 31, 2018 3.737B
December 31, 2017 3.562B
December 31, 2016 3.84B
December 31, 2015 4.07B
December 31, 2014 4.297B
December 31, 2013 4.083B
December 31, 2012 3.38B
December 31, 2011 3.167B
December 31, 2010 2.894B
December 31, 2009 2.864B
Date Value
December 31, 2008 3.03B
December 31, 2007 3.266B
December 31, 2006 3.366B
December 31, 2005 2.314B
December 31, 2004 2.028B
December 31, 2003 1.655B
December 31, 2002 1.117B
December 31, 2001 865.00M
December 31, 2000 845.00M
December 31, 1999 822.80M
December 31, 1998 663.30M
December 31, 1997 630.80M
December 31, 1996 528.30M
December 31, 1995 451.70M
December 31, 1994 323.60M

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

4.116B
Minimum
2019
4.819B
Maximum
2021
4.472B
Average
4.434B
Median
2022

Research and Development Expense (Annual) Benchmarks