Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 14.18M
December 31, 2022 9.000M
December 31, 2021 9.154M
December 31, 2020 6.096M
December 31, 2019 4.869M
December 31, 2018 2.711M
Date Value
December 31, 2017 2.293M
December 31, 2016 1.865M
December 31, 2015 0.6585M
December 31, 2014 0.0941M
December 31, 2013 0.00

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

4.869M
Minimum
2019
14.18M
Maximum
2023
8.660M
Average
9.000M
Median
2022

Research and Development Expense (Annual) Benchmarks