Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 469.33M
December 31, 2022 412.40M
December 31, 2021 271.54M
December 31, 2020 180.08M
December 31, 2019 121.88M
December 31, 2018 97.25M
Date Value
December 31, 2017 74.62M
December 31, 2016 55.08M
December 31, 2015 42.69M
December 31, 2014 36.63M
December 31, 2013 27.55M
December 31, 2012 18.65M

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

121.88M
Minimum
2019
469.33M
Maximum
2023
291.04M
Average
271.54M
Median
2021

Research and Development Expense (Annual) Benchmarks