Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.144B
December 31, 2022 1.036B
December 31, 2021 1.007B
December 31, 2020 958.40M
December 31, 2019 955.70M
December 31, 2018 1.003B
December 31, 2017 980.70M
December 31, 2016 1.014B
December 31, 2015 994.50M
December 31, 2014 1.006B
December 31, 2013 1.043B
December 31, 2012 1.102B
December 31, 2011 1.027B
Date Value
December 31, 2010 917.90M
December 31, 2009 741.71M
December 31, 2008 731.15M
December 31, 2007 622.96M
December 31, 2006 480.25M
December 31, 2005 357.28M
December 31, 2004 264.45M
December 31, 2003 176.10M
December 31, 2002 161.89M
December 31, 2001 159.73M
December 31, 2000 87.83M
December 31, 1999 41.50M
December 31, 1998 24.00M

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

955.70M
Minimum
2019
1.144B
Maximum
2023
1.020B
Average
1.007B
Median
2021

Research and Development Expense (Annual) Benchmarks