Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 30.08M
December 31, 2022 24.65M
December 31, 2021 16.13M
Date Value
December 31, 2020 11.17M
December 31, 2019 10.30M

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

10.30M
Minimum
2019
30.08M
Maximum
2023
18.46M
Average
16.13M
Median
2021

Research and Development Expense (Annual) Benchmarks