Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 168.53M
December 31, 2022 130.22M
December 31, 2021 84.26M
December 31, 2020 57.00M
Date Value
December 31, 2019 41.51M
December 31, 2018 24.48M
December 31, 2017 9.233M
December 31, 2016 5.10M

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

41.51M
Minimum
2019
168.53M
Maximum
2023
96.30M
Average
84.26M
Median
2021

Research and Development Expense (Annual) Benchmarks