Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 937.01M
December 31, 2022 821.51M
December 31, 2021 750.18M
Date Value
December 31, 2020 511.11M
December 31, 2019 220.22M

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

220.22M
Minimum
2019
937.01M
Maximum
2023
648.01M
Average
750.18M
Median
2021

Research and Development Expense (Annual) Benchmarks