Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 4.710B
December 31, 2022 3.409B
December 31, 2021 2.828B
December 31, 2020 2.369B
December 31, 2019 2.132B
December 31, 2018 2.345B
December 31, 2017 2.133B
December 31, 2016 2.165B
December 31, 2015 2.025B
December 31, 2014 2.455B
December 31, 2013 2.089B
December 31, 2012 1.882B
December 31, 2011 1.799B
December 31, 2010 1.709B
Date Value
December 31, 2009 1.472B
December 31, 2008 1.551B
December 31, 2007 1.572B
December 31, 2006 1.064B
December 31, 2005 847.61M
December 31, 2004 733.36M
December 31, 2003 639.98M
December 31, 2002 525.98M
December 31, 2001 475.91M
December 31, 2000 399.67M
December 31, 1999 371.10M
December 31, 1998 396.00M
December 31, 1997 420.04M

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

2.132B
Minimum
2019
4.710B
Maximum
2023
3.090B
Average
2.828B
Median
2021

Research and Development Expense (Annual) Benchmarks