Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 70.10M
December 31, 2022 36.19M
Date Value
December 31, 2021 29.11M
December 31, 2020 12.36M

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

12.36M
Minimum
2020
70.10M
Maximum
2023
36.94M
Average
32.65M
Median

Research and Development Expense (Annual) Benchmarks