Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 7.538M
December 31, 2022 5.189M
December 31, 2021 4.025M
December 31, 2020 5.135M
December 31, 2019 4.174M
December 31, 2018 4.827M
December 31, 2017 4.395M
December 31, 2016 4.281M
December 31, 2015 2.985M
December 31, 2014 3.899M
December 31, 2013 3.446M
December 31, 2012 3.418M
December 31, 2011 3.397M
December 31, 2010 4.332M
Date Value
December 31, 2009 5.091M
December 31, 2008 5.448M
December 31, 2007 4.379M
December 31, 2006 3.069M
December 31, 2005 2.218M
December 31, 2004 1.893M
December 31, 2003 3.468M
December 31, 2002 3.016M
December 31, 2001 3.078M
December 31, 2000 3.679M
December 31, 1999 3.346M
December 31, 1998 3.631M
December 31, 1997 3.807M

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

4.025M
Minimum
2021
7.538M
Maximum
2023
5.212M
Average
5.135M
Median
2020

Research and Development Expense (Annual) Benchmarks