Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 2.462B
December 31, 2022 2.231B
December 31, 2021 2.501B
December 31, 2020 3.991B
December 31, 2019 2.281B
December 31, 2018 2.597B
December 31, 2017 2.254B
December 31, 2016 1.973B
December 31, 2015 2.013B
December 31, 2014 1.893B
December 31, 2013 1.444B
December 31, 2012 1.335B
December 31, 2011 1.220B
December 31, 2010 1.249B
December 31, 2009 1.283B
Date Value
December 31, 2008 1.072B
December 31, 2007 925.16M
December 31, 2006 718.39M
December 31, 2005 747.67M
December 31, 2004 685.87M
December 31, 2003 1.056B
December 31, 2002 100.87M
December 31, 2001 314.56M
December 31, 2000 302.84M
December 31, 1999 221.15M
December 31, 1998 177.23M
December 31, 1997 145.50M
December 31, 1996 132.38M
December 31, 1995 87.45M
December 31, 1994 91.21M

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

2.231B
Minimum
2022
3.991B
Maximum
2020
2.693B
Average
2.462B
Median
2023

Research and Development Expense (Annual) Benchmarks