Research and Development Expense (TTM) Chart

Historical Research and Development Expense (TTM) Data

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Date Value
September 30, 2024 16.41B
June 30, 2024 14.91B
March 31, 2024 15.17B
December 31, 2023 15.08B
September 30, 2023 14.32B
June 30, 2023 14.35B
March 31, 2023 14.35B
December 31, 2022 14.97B
September 30, 2022 15.54B
June 30, 2022 15.48B
March 31, 2022 15.17B
December 31, 2021 14.28B
September 30, 2021 14.21B
June 30, 2021 13.62B
March 31, 2021 12.94B
December 31, 2020 12.34B
September 30, 2020 11.36B
June 30, 2020 11.12B
March 31, 2020 11.08B
December 31, 2019 11.36B
September 30, 2019 11.35B
June 30, 2019 11.26B
March 31, 2019 11.23B
December 31, 2018 10.78B
September 30, 2018 11.19B
Date Value
June 30, 2018 11.27B
March 31, 2018 10.93B
December 31, 2017 10.59B
September 30, 2017 9.639B
June 30, 2017 9.232B
March 31, 2017 9.20B
December 31, 2016 9.143B
September 30, 2016 9.319B
June 30, 2016 9.295B
March 31, 2016 9.16B
December 31, 2015 9.046B
September 30, 2015 8.817B
June 30, 2015 8.686B
March 31, 2015 8.562B
December 31, 2014 8.494B
September 30, 2014 8.27B
June 30, 2014 8.289B
March 31, 2014 8.23B
December 31, 2013 8.183B
September 30, 2013 8.103B
June 30, 2013 7.984B
March 31, 2013 7.804B
December 31, 2012 7.665B
September 30, 2012 7.489B
June 30, 2012 7.339B

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (TTM) Range, Past 5 Years

11.08B
Minimum
Mar 2020
16.41B
Maximum
Sep 2024
13.90B
Average
14.33B
Median

Research and Development Expense (TTM) Benchmarks

Amgen Inc 5.774B
Eli Lilly and Co 10.53B
Merck & Co Inc 22.98B
Pfizer Inc 10.60B
AbbVie Inc 8.722B