Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 20.85M
December 31, 2022 19.63M
December 31, 2021 18.54M
December 31, 2020 15.07M
December 31, 2019 15.66M
December 31, 2018 68.29M
Date Value
December 31, 2017 49.05M
December 31, 2016 19.46M
December 31, 2015 10.76M
December 31, 2014 6.692M
December 31, 2013 5.045M

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

15.07M
Minimum
2020
20.85M
Maximum
2023
17.95M
Average
18.54M
Median
2021

Research and Development Expense (Annual) Benchmarks