Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 10.94B
December 31, 2022 9.762B
December 31, 2021 9.736B
December 31, 2020 5.991B
December 31, 2019 6.059B
December 31, 2018 5.932B
December 31, 2017 5.757B
December 31, 2016 5.89B
December 31, 2015 5.997B
December 31, 2014 5.579B
December 31, 2013 4.821B
December 31, 2012 5.243B
December 31, 2011 5.523B
December 31, 2010 5.318B
December 31, 2009 4.409B
December 31, 2008 5.179B
December 31, 2007 5.162B
Date Value
December 31, 2006 3.902B
December 31, 2005 3.379B
December 31, 2004 3.467B
December 31, 2003 3.012B
December 31, 2002 3.069B
December 31, 2001 2.687B
December 31, 2000 2.895B
December 31, 1999 2.472B
December 31, 1998 2.103B
December 31, 1997 1.079B
December 31, 1996 1.031B
December 31, 1995 848.32M
December 31, 1994 809.84M
December 31, 1993 767.71M
December 31, 1992 676.44M
December 31, 1991 703.57M
December 31, 1990 704.06M

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

5.991B
Minimum
2020
10.94B
Maximum
2023
8.497B
Average
9.736B
Median
2021

Research and Development Expense (Annual) Benchmarks