Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 0.068M
December 31, 2022 0.174M
December 31, 2021 0.044M
December 31, 2020 0.285M
December 31, 2019 0.184M
December 31, 2018 0.259M
December 31, 2017 0.41M
December 31, 2016 1.371M
December 31, 2015 5.728M
December 31, 2014 9.483M
December 31, 2013 12.46M
Date Value
December 31, 2012 9.275M
December 31, 2011 9.911M
December 31, 2010 8.616M
December 31, 2009 7.337M
December 31, 2008 9.595M
December 31, 2007 7.421M
December 31, 2006 4.087M
December 31, 2005 1.952M
December 31, 2004
December 31, 2003 0.27M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

0.044M
Minimum
2021
0.285M
Maximum
2020
0.151M
Average
0.174M
Median
2022

Research and Development Expense (Annual) Benchmarks