Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 0.8981M
December 31, 2022 1.349M
December 31, 2021 1.737M
December 31, 2020 1.224M
December 31, 2019 0.8209M
December 31, 2018 0.0407M
December 31, 2017 0.4673M
December 31, 2016 0.87M
December 31, 2015 2.092M
Date Value
December 31, 2014 1.118M
December 31, 2013 0.8799M
December 31, 2012 1.012M
December 31, 2011 1.335M
December 31, 2010 0.4455M
December 31, 2009 0.4965M
December 31, 2008 0.6087M
December 31, 2007 0.4238M
December 31, 2006 0.1806M

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

0.8209M
Minimum
2019
1.737M
Maximum
2021
1.206M
Average
1.224M
Median
2020

Research and Development Expense (Annual) Benchmarks