Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 667.00M
December 31, 2022 602.00M
December 31, 2021 531.00M
December 31, 2020 521.00M
December 31, 2019 595.00M
December 31, 2018 654.00M
December 31, 2017 615.00M
December 31, 2016 646.00M
December 31, 2015 603.00M
December 31, 2014 610.00M
December 31, 2013 582.00M
December 31, 2012 1.081B
December 31, 2011 946.00M
December 31, 2010 915.00M
December 31, 2009 917.00M
Date Value
December 31, 2008 868.00M
December 31, 2007 760.00M
December 31, 2006 614.00M
December 31, 2005 533.00M
December 31, 2004 517.00M
December 31, 2003 553.00M
December 31, 2002 501.00M
December 31, 2001 426.00M
December 31, 2000 378.00M
December 31, 1999 332.00M
December 31, 1998 323.00M
December 31, 1997 339.00M
December 31, 1996 340.00M
December 31, 1995 345.00M
December 31, 1994 343.00M

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

521.00M
Minimum
2020
667.00M
Maximum
2023
583.20M
Average
595.00M
Median
2019

Research and Development Expense (Annual) Benchmarks