Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.414B
December 31, 2022 1.323B
December 31, 2021 1.204B
December 31, 2020 1.143B
December 31, 2019 1.174B
December 31, 2018 1.113B
December 31, 2017 997.00M
December 31, 2016 920.00M
December 31, 2015 876.00M
December 31, 2014 817.00M
December 31, 2013 861.00M
December 31, 2012 886.00M
December 31, 2011 895.00M
December 31, 2010 939.00M
December 31, 2009 1.035B
Date Value
December 31, 2008 1.006B
December 31, 2007 1.091B
December 31, 2006 1.008B
December 31, 2005 680.00M
December 31, 2004 569.00M
December 31, 2003 452.00M
December 31, 2002 343.00M
December 31, 2001 275.00M
December 31, 2000 199.00M
December 31, 1999 197.00M
December 31, 1998 200.00M
December 31, 1997 167.00M
December 31, 1996 244.90M
December 31, 1995 173.70M
December 31, 1994 30.00M

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

1.143B
Minimum
2020
1.414B
Maximum
2023
1.252B
Average
1.204B
Median
2021

Research and Development Expense (Annual) Benchmarks