Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 447.61M
December 31, 2022 400.35M
December 31, 2021 350.06M
December 31, 2020 297.96M
December 31, 2019 214.52M
December 31, 2018 165.65M
Date Value
December 31, 2017 112.79M
December 31, 2016 73.07M
December 31, 2015 44.97M
December 31, 2014 26.20M
December 31, 2013 16.88M
December 31, 2012 14.63M

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

214.52M
Minimum
2019
447.61M
Maximum
2023
342.10M
Average
350.06M
Median
2021

Research and Development Expense (Annual) Benchmarks