Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 16.05B
December 31, 2022 17.53B
December 31, 2021 15.19B
December 31, 2020 13.56B
December 31, 2019 13.36B
December 31, 2018 13.54B
December 31, 2017 13.04B
December 31, 2016 12.68B
December 31, 2015 12.13B
December 31, 2014 11.54B
December 31, 2013 10.61B
December 31, 2012 10.15B
December 31, 2011 8.35B
December 31, 2010 6.576B
December 31, 2009 5.653B
Date Value
December 31, 2008 5.722B
December 31, 2007 5.755B
December 31, 2006 5.873B
December 31, 2005 5.145B
December 31, 2004 4.778B
December 31, 2003 4.36B
December 31, 2002 4.034B
December 31, 2001 3.796B
December 31, 2000 3.897B
December 31, 1999 3.111B
December 31, 1998 2.509B
December 31, 1997 2.347B
December 31, 1996 1.808B
December 31, 1995 1.296B
December 31, 1994 1.111B

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

13.36B
Minimum
2019
17.53B
Maximum
2022
15.14B
Average
15.19B
Median
2021

Research and Development Expense (Annual) Benchmarks