Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 60.22M
December 31, 2022 75.54M
December 31, 2021 70.34M
December 31, 2020 101.61M
December 31, 2019 115.10M
December 31, 2018 122.59M
December 31, 2017 126.25M
Date Value
December 31, 2016 82.90M
December 31, 2015 37.43M
December 31, 2014 25.71M
December 31, 2013 23.98M
December 31, 2012 15.21M
December 31, 2011 8.652M

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

60.22M
Minimum
2023
115.10M
Maximum
2019
84.56M
Average
75.54M
Median
2022

Research and Development Expense (Annual) Benchmarks