Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 3.377B
December 31, 2022 2.852B
December 31, 2021 2.249B
December 31, 2020 2.476B
December 31, 2019 3.219B
December 31, 2018 3.269B
December 31, 2017 3.179B
December 31, 2016 4.626B
December 31, 2015 3.331B
December 31, 2014 3.047B
December 31, 2013 3.071B
December 31, 2012 3.298B
December 31, 2011 3.918B
December 31, 2010 4.121B
December 31, 2009 6.506B
Date Value
December 31, 2008 3.768B
December 31, 2007 3.85B
December 31, 2006 3.257B
December 31, 2005 2.205B
December 31, 2004 1.879B
December 31, 2003 1.651B
December 31, 2002 1.639B
December 31, 2001 1.936B
December 31, 2000 1.441B
December 31, 1999 1.341B
December 31, 1998 1.895B
December 31, 1997 1.924B
December 31, 1996 1.633B
December 31, 1995 1.674B

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

2.249B
Minimum
2021
3.377B
Maximum
2023
2.835B
Average
2.852B
Median
2022

Research and Development Expense (Annual) Benchmarks