Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 52.60M
December 31, 2022 47.15M
December 31, 2021 43.56M
December 31, 2020 40.47M
December 31, 2019 45.46M
December 31, 2018 42.19M
December 31, 2017 32.31M
December 31, 2016 32.25M
December 31, 2015 27.44M
December 31, 2014 27.78M
December 31, 2013 25.83M
December 31, 2012 28.21M
December 31, 2011 28.65M
December 31, 2010 29.65M
December 31, 2009 31.84M
Date Value
December 31, 2008 33.11M
December 31, 2007 30.40M
December 31, 2006 30.72M
December 31, 2005 25.47M
December 31, 2004 20.20M
December 31, 2003 17.31M
December 31, 2002 16.09M
December 31, 2001 14.83M
December 31, 2000 14.87M
December 31, 1999 12.10M
December 31, 1998 12.00M
December 31, 1997 3.00M
December 31, 1996 3.00M
December 31, 1995 2.80M
December 31, 1994 2.40M

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

40.47M
Minimum
2020
52.60M
Maximum
2023
45.85M
Average
45.46M
Median
2019

Research and Development Expense (Annual) Benchmarks