Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.544B
December 31, 2022 1.33B
December 31, 2021 1.325B
December 31, 2020 1.028B
December 31, 2019 930.00M
December 31, 2018 1.051B
December 31, 2017 1.224B
December 31, 2016 1.114B
December 31, 2015 923.00M
December 31, 2014 983.00M
December 31, 2013 915.00M
December 31, 2012 1.573B
December 31, 2011 1.235B
December 31, 2010 908.00M
Date Value
December 31, 2009 803.07M
December 31, 2008 725.60M
December 31, 2007 619.73M
December 31, 2006 494.69M
December 31, 2005 328.19M
December 31, 2004 240.65M
December 31, 2003 159.32M
December 31, 2002 104.64M
December 31, 2001 75.29M
December 31, 2000 55.86M
December 31, 1999 24.85M
December 31, 1998 4.60M
December 31, 1997 0.80M

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

930.00M
Minimum
2019
1.544B
Maximum
2023
1.231B
Average
1.325B
Median
2021

Research and Development Expense (Annual) Benchmarks