Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
May 31, 2024 8.575M
May 31, 2023 8.736M
May 31, 2022 7.839M
May 31, 2021 6.684M
May 31, 2020 7.582M
May 31, 2019 11.47M
May 31, 2018 12.80M
May 31, 2017 9.473M
May 31, 2016 7.228M
May 31, 2015 6.988M
May 31, 2014 7.204M
May 31, 2013 9.294M
May 31, 2012 9.625M
May 31, 2011 9.275M
May 31, 2010 4.361M
Date Value
May 31, 2009 3.665M
May 31, 2008 3.251M
May 31, 2007 3.074M
May 31, 2006 3.042M
May 31, 2005 2.543M
May 31, 2004 3.452M
May 31, 2003 2.118M
October 31, 2002 3.664M
October 31, 2001 3.27M
October 31, 2000 3.444M
October 31, 1999 4.653M
October 31, 1998 5.70M
October 31, 1997 7.60M
October 31, 1996 3.60M

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

6.684M
Minimum
2021
8.736M
Maximum
2023
7.883M
Average
7.839M
Median
2022

Research and Development Expense (Annual) Benchmarks