Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 175.20M
December 31, 2022 191.40M
December 31, 2021 137.20M
December 31, 2020 118.70M
December 31, 2019 93.30M
December 31, 2018 81.01M
December 31, 2017 65.23M
December 31, 2016 57.69M
December 31, 2015 56.62M
December 31, 2014 56.58M
December 31, 2013 55.63M
Date Value
December 31, 2012 47.08M
December 31, 2011 38.41M
December 31, 2010 36.00M
December 31, 2009 31.70M
December 31, 2008 25.50M
December 31, 2007 22.96M
December 31, 2006 24.88M
December 31, 2005 8.548M
December 31, 2004
December 31, 2003 4.567M
December 31, 2002 4.369M

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

93.30M
Minimum
2019
191.40M
Maximum
2022
143.16M
Average
137.20M
Median
2021

Research and Development Expense (Annual) Benchmarks