Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 7.418M
December 31, 2022 6.846M
December 31, 2021 11.45M
Date Value
December 31, 2020 1.920M
December 31, 2019 0.7143M

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

0.7143M
Minimum
2019
11.45M
Maximum
2021
5.670M
Average
6.846M
Median
2022

Research and Development Expense (Annual) Benchmarks