Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

View and export this data back to 1998. Upgrade now.
Date Value
December 31, 2023 746.77M
December 31, 2022 649.61M
December 31, 2021 628.79M
December 31, 2020 628.12M
December 31, 2019 715.01M
December 31, 2018 696.33M
December 31, 2017 610.75M
December 31, 2016 661.90M
December 31, 2015 634.81M
December 31, 2014 461.54M
December 31, 2013 354.78M
December 31, 2012 302.22M
December 31, 2011 214.37M
Date Value
December 31, 2010 147.31M
December 31, 2009 115.12M
December 31, 2008 93.29M
December 31, 2007 78.60M
December 31, 2006 66.74M
December 31, 2005 56.39M
December 31, 2004 49.78M
December 31, 2003 54.81M
December 31, 2002 27.29M
December 31, 2001 22.58M
December 31, 2000 34.46M
December 31, 1999 26.34M
December 31, 1998 10.50M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

628.12M
Minimum
2020
746.77M
Maximum
2023
673.66M
Average
649.61M
Median
2022

Research and Development Expense (Annual) Benchmarks