Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
March 31, 2024 6.401B
March 31, 2023 6.524B
March 31, 2022 7.011B
March 31, 2021 6.970B
March 31, 2020 7.399B
March 31, 2019 7.278B
March 31, 2018 6.786B
March 31, 2017 6.394B
March 31, 2016 5.471B
March 31, 2015 5.543B
March 31, 2014 5.974B
March 31, 2013 6.779B
March 31, 2012 6.586B
March 31, 2011 5.663B
Date Value
March 31, 2010 4.994B
March 31, 2009 5.664B
March 31, 2008 5.145B
March 31, 2007 4.721B
March 31, 2006 4.514B
March 31, 2005 4.361B
March 31, 2004 3.979B
March 31, 2003 3.584B
March 31, 2002 3.170B
March 31, 2001 3.255B
March 31, 2000 2.916B
March 31, 1999 2.423B
March 31, 1998 2.351B
March 31, 1997 2.238B

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

6.401B
Minimum
2024
7.399B
Maximum
2020
6.861B
Average
6.970B
Median
2021

Research and Development Expense (Annual) Benchmarks