Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.497B
December 31, 2022 1.009B
December 31, 2021 508.99M
Date Value
December 31, 2020 159.37M
December 31, 2019 169.26M
December 31, 2018 120.07M

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

159.37M
Minimum
2020
1.497B
Maximum
2023
668.71M
Average
508.99M
Median
2021

Research and Development Expense (Annual) Benchmarks