Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 6.652M
December 31, 2022 3.05M
December 31, 2021 11.08M
December 31, 2020 2.413M
December 31, 2019 2.083M
December 31, 2018 0.825M
December 31, 2017 0.413M
December 31, 2016 0.739M
December 31, 2015 0.332M
Date Value
December 31, 2014 0.237M
December 31, 2013 1.616M
December 31, 2012 1.298M
December 31, 2011 0.1116M
December 31, 2010 0.1946M
December 31, 2009 2.966M
December 31, 2008 1.991M
December 31, 2007 1.833M

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

2.083M
Minimum
2019
11.08M
Maximum
2021
5.056M
Average
3.05M
Median
2022

Research and Development Expense (Annual) Benchmarks