Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 5.718B
December 31, 2022 4.977B
December 31, 2021 4.601B
December 31, 2020 5.039B
December 31, 2019 4.055B
December 31, 2018 3.92B
December 31, 2017 3.734B
December 31, 2016 5.098B
December 31, 2015 3.014B
December 31, 2014 2.854B
December 31, 2013 2.12B
December 31, 2012 1.76B
December 31, 2011 1.229B
December 31, 2010 1.073B
December 31, 2009 939.92M
December 31, 2008 721.77M
Date Value
December 31, 2007 591.03M
December 31, 2006 383.86M
December 31, 2005 277.72M
December 31, 2004 223.55M
December 31, 2003 164.87M
December 31, 2002 134.76M
December 31, 2001 185.55M
December 31, 2000 132.34M
December 31, 1999 112.90M
December 31, 1998 127.80M
December 31, 1997 112.20M
December 31, 1996 41.90M
December 31, 1995
March 31, 1995 30.40M
March 31, 1994 26.00M

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

4.055B
Minimum
2019
5.718B
Maximum
2023
4.878B
Average
4.977B
Median
2022

Research and Development Expense (Annual) Benchmarks