Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 156.50M
December 31, 2022 81.61M
December 31, 2021 44.88M
December 31, 2020 33.15M
Date Value
December 31, 2019 25.54M
December 31, 2018 20.76M
December 31, 2017 11.87M

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

25.54M
Minimum
2019
156.50M
Maximum
2023
68.33M
Average
44.88M
Median
2021

Research and Development Expense (Annual) Benchmarks