Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 354.39M
December 31, 2022 387.24M
December 31, 2021 420.87M
December 31, 2020 299.92M
December 31, 2019 220.97M
December 31, 2018 105.29M
Date Value
December 31, 2017 40.30M
December 31, 2016 22.98M
December 31, 2015 13.73M
December 31, 2014 8.380M
December 31, 2013 2.317M

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

220.97M
Minimum
2019
420.87M
Maximum
2021
336.68M
Average
354.39M
Median
2023

Research and Development Expense (Annual) Benchmarks