Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
January 31, 2024 539.49M
January 31, 2023 480.58M
January 31, 2022 393.36M
January 31, 2021 271.52M
January 31, 2020 185.55M
Date Value
January 31, 2019 185.97M
January 31, 2018 92.43M
January 31, 2017 89.65M
January 31, 2016 62.26M

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

185.55M
Minimum
2020
539.49M
Maximum
2024
374.10M
Average
393.36M
Median
2022

Research and Development Expense (Annual) Benchmarks