Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 154.36M
December 31, 2022 133.31M
December 31, 2021 117.76M
December 31, 2020 115.94M
December 31, 2019 114.69M
December 31, 2018 107.13M
December 31, 2017 99.73M
December 31, 2016 94.24M
December 31, 2015 88.39M
December 31, 2014 84.18M
December 31, 2013 76.50M
December 31, 2012 85.00M
December 31, 2011 81.63M
December 31, 2010 64.10M
Date Value
December 31, 2009 47.13M
December 31, 2008 51.89M
December 31, 2007 50.72M
December 31, 2006 41.77M
December 31, 2005 35.06M
December 31, 2004 30.83M
December 31, 2003 26.61M
December 31, 2002 22.97M
December 31, 2001 20.68M
December 31, 2000 16.90M
December 31, 1999 13.80M
December 31, 1998 11.00M
December 31, 1997 9.10M

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

114.69M
Minimum
2019
154.36M
Maximum
2023
127.21M
Average
117.76M
Median
2021

Research and Development Expense (Annual) Benchmarks