Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 2.317B
December 31, 2022 2.515B
December 31, 2021 2.529B
December 31, 2020 2.340B
December 31, 2019 2.116B
December 31, 2018 1.837B
December 31, 2017 986.07M
Date Value
December 31, 2016 668.83M
December 31, 2015 461.86M
December 31, 2014 297.91M
December 31, 2013 156.69M
December 31, 2012 100.72M
December 31, 2011 37.08M

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

2.116B
Minimum
2019
2.529B
Maximum
2021
2.364B
Average
2.340B
Median
2020

Research and Development Expense (Annual) Benchmarks