Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 0.587M
December 31, 2022 1.491M
December 31, 2021 1.891M
December 31, 2020 1.415M
December 31, 2019 1.284M
December 31, 2018 2.597M
December 31, 2017 2.94M
December 31, 2016 3.537M
December 31, 2015 2.81M
December 31, 2014 1.03M
December 31, 2013 0.595M
December 31, 2012 0.368M
December 31, 2011 -0.515M
December 31, 2010 -0.202M
December 31, 2009 0.319M
Date Value
December 31, 2008 0.237M
December 31, 2007 2.907M
December 31, 2006 2.341M
December 31, 2005 2.19M
December 31, 2004 1.188M
December 31, 2003 1.279M
December 31, 2002 2.29M
December 31, 2001 2.764M
December 31, 2000 1.673M
December 31, 1999 1.50M
December 31, 1998 1.30M
December 31, 1997 1.20M
December 31, 1996 1.00M
December 31, 1995 0.80M
December 31, 1994 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

0.587M
Minimum
2023
1.891M
Maximum
2021
1.334M
Average
1.415M
Median
2020

Research and Development Expense (Annual) Benchmarks