Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 15.17M
December 31, 2022 12.39M
December 31, 2021 8.794M
December 31, 2020 6.034M
December 31, 2019 4.004M
December 31, 2018 4.667M
December 31, 2017 5.822M
Date Value
December 31, 2016 101.68M
December 31, 2015 47.26M
December 31, 2014 4.071M
December 31, 2013 3.862M
December 31, 2012 0.4893M
December 31, 2011 0.4232M
December 31, 2010 0.2409M

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

4.004M
Minimum
2019
15.17M
Maximum
2023
9.279M
Average
8.794M
Median
2021

Research and Development Expense (Annual) Benchmarks