Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.899B
December 31, 2022 1.613B
December 31, 2021 711.18M
December 31, 2020 360.49M
Date Value
December 31, 2019 641.14M
December 31, 2018 604.77M
December 31, 2017 385.82M
December 31, 2016 220.11M

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

360.49M
Minimum
2020
1.899B
Maximum
2023
1.045B
Average
711.18M
Median
2021

Research and Development Expense (Annual) Benchmarks