Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 899.62M
December 31, 2022 833.15M
December 31, 2021 643.45M
December 31, 2020 535.08M
December 31, 2019 465.69M
December 31, 2018 414.60M
December 31, 2017 374.64M
December 31, 2016 344.32M
December 31, 2015 322.29M
December 31, 2014 241.75M
December 31, 2013 184.03M
December 31, 2012 158.46M
December 31, 2011 157.40M
December 31, 2010 145.16M
December 31, 2009 134.62M
Date Value
December 31, 2008 106.44M
December 31, 2007 78.20M
December 31, 2006 69.41M
December 31, 2005 82.47M
December 31, 2004 118.47M
December 31, 2003 116.96M
December 31, 2002 124.07M
December 31, 2001 83.74M
December 31, 2000 57.01M
December 31, 1999 66.40M
December 31, 1998 62.20M
December 31, 1997 55.90M
December 31, 1996
December 31, 1995 33.20M
December 31, 1994 26.50M

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

465.69M
Minimum
2019
899.62M
Maximum
2023
675.40M
Average
643.45M
Median
2021

Research and Development Expense (Annual) Benchmarks