Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 7.743B
December 31, 2022 6.796B
December 31, 2021 6.905B
December 31, 2020 6.152B
December 31, 2019 5.833B
December 31, 2018 5.194B
December 31, 2017 5.779B
December 31, 2016 4.916B
December 31, 2015 5.440B
December 31, 2014 5.687B
December 31, 2013 6.138B
December 31, 2012 6.305B
December 31, 2011 6.429B
December 31, 2010 6.871B
December 31, 2009 6.431B
December 31, 2008 6.807B
December 31, 2007 6.485B
December 31, 2006 6.372B
December 31, 2005 5.705B
December 31, 2004 5.321B
Date Value
December 31, 2003 4.558B
December 31, 2002 4.358B
December 31, 2001 3.689B
December 31, 2000 3.829B
December 31, 1999 2.053B
December 31, 1998 1.928B
December 31, 1997 1.881B
December 31, 1996 1.813B
December 31, 1995 2.431B
June 30, 1995
June 30, 1994 1.284B
June 30, 1993 1.201B
June 30, 1992 1.047B
June 30, 1991 881.36M
June 30, 1990 683.49M
June 30, 1989 554.32M
June 30, 1988 403.31M
June 30, 1987 227.24M
June 30, 1986 162.74M

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

5.833B
Minimum
2019
7.743B
Maximum
2023
6.686B
Average
6.796B
Median
2022

Research and Development Expense (Annual) Benchmarks

AstraZeneca PLC 10.94B
Haleon PLC 386.98M
Pfizer Inc 10.68B
Sanofi SA 7.284B
Moderna Inc 4.845B