Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 68.79M
December 31, 2022 71.63M
December 31, 2021 73.82M
December 31, 2020 36.23M
December 31, 2019 42.29M
December 31, 2018 55.24M
December 31, 2017 49.45M
Date Value
December 31, 2016 58.65M
December 31, 2015 97.72M
December 31, 2014 45.38M
December 31, 2013 24.66M
December 31, 2012 30.11M
December 31, 2011 30.11M
December 31, 2010 19.41M

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

36.23M
Minimum
2020
73.82M
Maximum
2021
58.55M
Average
68.79M
Median
2023

Research and Development Expense (Annual) Benchmarks