Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
August 31, 2023 3.114B
August 31, 2022 3.116B
August 31, 2021 2.663B
August 31, 2020 2.60B
August 31, 2019 2.441B
August 31, 2018 2.141B
August 31, 2017 1.824B
August 31, 2016 1.617B
August 31, 2015 1.54B
August 31, 2014 1.371B
August 31, 2013 931.00M
August 31, 2012 918.00M
August 31, 2011 791.00M
August 31, 2010 624.00M
August 31, 2009 647.00M
Date Value
August 31, 2008 680.00M
August 31, 2007 805.00M
August 31, 2006 656.00M
August 31, 2005 604.00M
August 31, 2004 755.00M
August 31, 2003 656.40M
August 31, 2002 561.30M
August 31, 2001 489.50M
August 31, 2000 427.00M
August 31, 1999 320.50M
August 31, 1998 286.40M
August 31, 1997 223.90M
August 31, 1996 191.90M
August 31, 1995 128.80M
August 31, 1994 83.40M

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

2.441B
Minimum
2019
3.116B
Maximum
2022
2.787B
Average
2.663B
Median
2021

Research and Development Expense (Annual) Benchmarks