Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
January 31, 2024 515.94M
January 31, 2023 421.69M
January 31, 2022 308.82M
January 31, 2021 205.16M
January 31, 2020 149.03M
Date Value
January 31, 2019 89.85M
January 31, 2018 62.20M
January 31, 2017 51.77M
January 31, 2016 43.46M

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

149.03M
Minimum
2020
515.94M
Maximum
2024
320.13M
Average
308.82M
Median
2022

Research and Development Expense (Annual) Benchmarks