Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 28.71M
December 31, 2022 38.88M
December 31, 2021 35.55M
December 31, 2020 24.21M
December 31, 2019 22.96M
December 31, 2018 23.10M
December 31, 2017 19.46M
December 31, 2016 13.45M
December 31, 2015 10.44M
December 31, 2014 8.699M
December 31, 2013 8.454M
December 31, 2012 7.257M
December 31, 2011 6.899M
December 31, 2010 9.436M
Date Value
December 31, 2009 5.247M
December 31, 2008 5.309M
December 31, 2007 4.453M
December 31, 2006 3.547M
December 31, 2005 3.724M
December 31, 2004 3.938M
December 31, 2003 3.644M
December 31, 2002 4.597M
December 31, 2001 4.737M
December 31, 2000 5.207M
December 31, 1999 4.396M
December 31, 1998 4.70M
December 31, 1997 3.90M

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

22.96M
Minimum
2019
38.88M
Maximum
2022
30.06M
Average
28.71M
Median
2023

Research and Development Expense (Annual) Benchmarks