Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 737.50M
December 31, 2022 1.235B
December 31, 2021 2.535B
December 31, 2020 747.03M
December 31, 2019 113.84M
December 31, 2018 173.80M
December 31, 2017 168.44M
December 31, 2016 237.94M
December 31, 2015 162.64M
December 31, 2014 94.42M
December 31, 2013 58.53M
December 31, 2012 26.91M
December 31, 2011 18.36M
December 31, 2010 28.03M
Date Value
December 31, 2009 25.78M
December 31, 2008 24.33M
December 31, 2007 17.60M
December 31, 2006 11.33M
December 31, 2005 5.075M
December 31, 2004 7.369M
December 31, 2003 10.06M
December 31, 2002 11.50M
December 31, 2001 10.78M
December 31, 2000 9.358M
December 31, 1999 3.40M
December 31, 1998 3.40M
December 31, 1997 2.90M
December 31, 1996 3.70M

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

113.84M
Minimum
2019
2.535B
Maximum
2021
1.074B
Average
747.03M
Median
2020

Research and Development Expense (Annual) Benchmarks