Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 571.01M
December 31, 2022 397.52M
December 31, 2021 272.74M
December 31, 2020 181.16M
December 31, 2019 131.71M
December 31, 2018 145.28M
December 31, 2017 109.75M
December 31, 2016 122.72M
December 31, 2015 74.28M
December 31, 2014 56.29M
December 31, 2013 44.28M
December 31, 2012 29.78M
December 31, 2011 28.62M
Date Value
December 31, 2010 4.702M
December 31, 2009 9.207M
December 31, 2008 21.05M
December 31, 2007 18.94M
December 31, 2006 21.09M
December 31, 2005 21.84M
December 31, 2004 23.32M
December 31, 2003 7.14M
December 31, 2002 18.08M
December 31, 2001 35.51M
December 31, 2000 21.61M
December 31, 1999 5.657M

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

131.71M
Minimum
2019
571.01M
Maximum
2023
310.83M
Average
272.74M
Median
2021

Research and Development Expense (Annual) Benchmarks