Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

View and export this data back to 1994. Upgrade now.
Date Value
December 31, 2023 9.299B
December 31, 2022 9.509B
December 31, 2021 10.20B
December 31, 2020 11.14B
December 31, 2019 6.148B
December 31, 2018 6.332B
December 31, 2017 6.468B
December 31, 2016 5.012B
December 31, 2015 5.92B
December 31, 2014 4.534B
December 31, 2013 3.731B
December 31, 2012 3.904B
December 31, 2011 3.839B
December 31, 2010 3.566B
December 31, 2009 3.647B
Date Value
December 31, 2008 3.512B
December 31, 2007 3.282B
December 31, 2006 2.991B
December 31, 2005 2.678B
December 31, 2004 2.50B
December 31, 2003 2.279B
December 31, 2002 2.206B
December 31, 2001 2.183B
December 31, 2000 1.939B
December 31, 1999 1.759B
December 31, 1998 1.506B
December 31, 1997 1.385B
December 31, 1996 1.276B
December 31, 1995 1.199B
December 31, 1994 1.108B

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

6.148B
Minimum
2019
11.14B
Maximum
2020
9.259B
Average
9.509B
Median
2022

Research and Development Expense (Annual) Benchmarks