Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 9.313B
December 31, 2022 7.191B
December 31, 2021 6.931B
December 31, 2020 6.086B
December 31, 2019 5.595B
December 31, 2018 5.051B
December 31, 2017 5.096B
December 31, 2016 5.310B
December 31, 2015 4.796B
December 31, 2014 4.734B
December 31, 2013 5.531B
December 31, 2012 5.278B
December 31, 2011 5.021B
December 31, 2010 4.884B
December 31, 2009 4.326B
Date Value
December 31, 2008 3.841B
December 31, 2007 3.487B
December 31, 2006 3.129B
December 31, 2005 3.026B
December 31, 2004 2.691B
December 31, 2003 2.350B
December 31, 2002 2.149B
December 31, 2001 2.235B
December 31, 2000 2.018B
December 31, 1999 1.784B
December 31, 1998 1.739B
December 31, 1997 1.370B
December 31, 1996 1.190B
December 31, 1995 1.042B
December 31, 1994 838.70M

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

5.595B
Minimum
2019
9.313B
Maximum
2023
7.023B
Average
6.931B
Median
2021

Research and Development Expense (Annual) Benchmarks