Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 6.775B
December 31, 2022 6.567B
December 31, 2021 6.488B
December 31, 2020 6.262B
December 31, 2019 5.91B
December 31, 2018 5.379B
December 31, 2017 5.59B
December 31, 2016 5.726B
December 31, 2015 5.247B
December 31, 2014 5.437B
December 31, 2013 5.743B
December 31, 2012 5.816B
December 31, 2011 6.258B
December 31, 2010 6.026B
December 31, 2009 5.82B
December 31, 2008 6.337B
Date Value
December 31, 2007 6.153B
December 31, 2006 6.107B
December 31, 2005 5.842B
December 31, 2004 5.874B
December 31, 2003 5.314B
December 31, 2002 4.75B
December 31, 2001 4.986B
December 31, 2000 5.151B
December 31, 1999 5.273B
December 31, 1998 5.046B
December 31, 1997 4.877B
December 31, 1996 5.089B
December 31, 1995 6.01B
December 31, 1994 4.363B
December 31, 1993 5.558B
December 31, 1992 6.522B

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

5.91B
Minimum
2019
6.775B
Maximum
2023
6.400B
Average
6.488B
Median
2021

Research and Development Expense (Annual) Benchmarks