Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
May 31, 2023 29.88M
May 31, 2022 30.74M
May 31, 2021 36.39M
May 31, 2020 29.68M
May 31, 2019 28.26M
May 31, 2018 24.34M
May 31, 2017 24.15M
May 31, 2016 25.05M
May 31, 2015 26.59M
May 31, 2014 28.12M
May 31, 2013 26.32M
May 31, 2012 20.51M
Date Value
May 31, 2011 21.37M
May 31, 2010 19.28M
May 31, 2009 17.91M
May 31, 2008 14.42M
May 31, 2007 20.56M
May 31, 2006 5.869M
May 31, 2005 4.57M
May 31, 2004 3.551M
May 31, 2003 2.509M
May 31, 2002 1.951M
May 31, 2001 1.426M

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

28.26M
Minimum
2019
36.39M
Maximum
2021
30.99M
Average
29.88M
Median
2023

Research and Development Expense (Annual) Benchmarks