Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 43.24M
December 31, 2022 19.44M
December 31, 2021 20.52M
December 31, 2020 32.22M
Date Value
December 31, 2019 40.49M
December 31, 2018 28.70M
December 31, 2017 24.75M
December 31, 2016 23.32M

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

19.44M
Minimum
2022
43.24M
Maximum
2023
31.18M
Average
32.22M
Median
2020

Research and Development Expense (Annual) Benchmarks