Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 18.60M
December 31, 2022 17.65M
December 31, 2021 15.08M
December 31, 2020 6.413M
December 31, 2019 5.82M
Date Value
December 31, 2018 5.155M
December 31, 2017 4.270M
December 31, 2016 7.207M
December 31, 2015 6.476M
December 31, 2014 4.220M

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

5.82M
Minimum
2019
18.60M
Maximum
2023
12.71M
Average
15.08M
Median
2021

Research and Development Expense (Annual) Benchmarks