Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 146.17M
December 31, 2022 123.77M
December 31, 2021 106.42M
December 31, 2020 85.73M
December 31, 2019 69.46M
Date Value
December 31, 2018 47.87M
December 31, 2017 22.47M
December 31, 2016 11.45M
December 31, 2015 8.235M

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

69.46M
Minimum
2019
146.17M
Maximum
2023
106.31M
Average
106.42M
Median
2021

Research and Development Expense (Annual) Benchmarks