Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 19.49M
December 31, 2022 18.97M
December 31, 2021 14.42M
December 31, 2020 12.76M
Date Value
December 31, 2019 11.01M
December 31, 2018 9.728M
December 31, 2017 4.545M
December 31, 2016 1.496M

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

11.01M
Minimum
2019
19.49M
Maximum
2023
15.33M
Average
14.42M
Median
2021

Research and Development Expense (Annual) Benchmarks