Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.358B
December 31, 2022 1.181B
December 31, 2021 1.074B
December 31, 2020 1.068B
December 31, 2019 1.263B
December 31, 2018 1.122B
December 31, 2017 1.387B
December 31, 2016 1.235B
December 31, 2015 830.24M
December 31, 2014 686.15M
Date Value
December 31, 2013 577.82M
December 31, 2012 484.90M
December 31, 2011 381.00M
December 31, 2010 308.78M
December 31, 2009 319.71M
December 31, 2008 287.76M
December 31, 2007 182.48M
December 31, 2006 140.37M
December 31, 2005 130.51M

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

1.068B
Minimum
2020
1.358B
Maximum
2023
1.189B
Average
1.181B
Median
2022

Research and Development Expense (Annual) Benchmarks