Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 306.90M
December 31, 2022 307.90M
December 31, 2021 315.70M
December 31, 2020 259.50M
December 31, 2019 262.20M
December 31, 2018 246.16M
December 31, 2017 269.02M
December 31, 2016 266.38M
December 31, 2015 242.94M
December 31, 2014 222.56M
December 31, 2013 207.59M
December 31, 2012 201.20M
December 31, 2011 197.64M
December 31, 2010 201.36M
Date Value
December 31, 2009 181.20M
December 31, 2008 191.42M
December 31, 2007 167.19M
December 31, 2006 171.36M
December 31, 2005 150.59M
December 31, 2004 157.16M
December 31, 2003 143.18M
December 31, 2002 153.78M
December 31, 2001 125.63M
December 31, 2000 208.48M
December 31, 1999 711.80M
December 31, 1998 424.70M
December 31, 1997 386.90M

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

259.50M
Minimum
2020
315.70M
Maximum
2021
290.44M
Average
306.90M
Median
2023

Research and Development Expense (Annual) Benchmarks