Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.072B
December 31, 2022 945.20M
December 31, 2021 903.10M
December 31, 2020 760.70M
December 31, 2019 752.70M
December 31, 2018 622.20M
December 31, 2017 552.60M
December 31, 2016 476.70M
December 31, 2015 382.90M
December 31, 2014 356.70M
December 31, 2013 323.00M
December 31, 2012 291.30M
December 31, 2011 246.30M
Date Value
December 31, 2010 204.40M
December 31, 2009 175.50M
December 31, 2008 139.20M
December 31, 2007 122.30M
December 31, 2006 114.20M
December 31, 2005 99.00M
December 31, 2004 87.00M
December 31, 2003 72.80M
December 31, 2002 65.20M
December 31, 2001 55.00M
December 31, 2000 55.00M
December 31, 1999 55.00M

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

752.70M
Minimum
2019
1.072B
Maximum
2023
886.70M
Average
903.10M
Median
2021

Research and Development Expense (Annual) Benchmarks