Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 998.80M
December 31, 2022 879.00M
December 31, 2021 671.00M
December 31, 2020 595.10M
December 31, 2019 557.30M
December 31, 2018 418.10M
December 31, 2017 328.60M
December 31, 2016 239.60M
December 31, 2015 197.40M
December 31, 2014 178.00M
December 31, 2013 167.70M
December 31, 2012 170.00M
December 31, 2011 140.20M
Date Value
December 31, 2010 116.00M
December 31, 2009 95.10M
December 31, 2008 79.37M
December 31, 2007 48.86M
December 31, 2006 29.78M
December 31, 2005 17.35M
December 31, 2004 17.81M
December 31, 2003 16.19M
December 31, 2002 16.79M
December 31, 2001 13.85M
December 31, 2000 11.73M
December 31, 1999 11.13M
December 31, 1998 23.21M

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

557.30M
Minimum
2019
998.80M
Maximum
2023
740.24M
Average
671.00M
Median
2021

Research and Development Expense (Annual) Benchmarks