Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
March 31, 2024 426.48M
March 31, 2023 458.41M
March 31, 2022 406.31M
March 31, 2021 342.76M
March 31, 2020 347.65M
March 31, 2019 375.14M
March 31, 2018 366.44M
March 31, 2017 303.66M
March 31, 2016 269.22M
March 31, 2015 197.88M
March 31, 2014 126.19M
March 31, 2013 114.07M
March 31, 2012 85.70M
March 31, 2011 63.93M
March 31, 2010 51.42M
March 31, 2009 44.32M
Date Value
March 31, 2008 48.48M
March 31, 2007 43.96M
March 31, 2006 45.10M
March 31, 2005 66.83M
March 31, 2004 76.17M
March 31, 2003 95.27M
March 31, 2002 121.65M
March 31, 2001 127.60M
March 31, 2000 121.41M
March 31, 1999 149.76M
March 31, 1998 179.60M
March 31, 1997 230.80M
March 31, 1996 238.80M
March 31, 1995 165.60M
March 31, 1994 124.40M

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

342.76M
Minimum
2021
458.41M
Maximum
2023
396.32M
Average
406.31M
Median
2022

Research and Development Expense (Annual) Benchmarks