Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 11.37B
December 31, 2022 9.172B
December 31, 2021 8.641B
December 31, 2020 8.98B
December 31, 2019 9.402B
December 31, 2018 8.489B
December 31, 2017 8.389B
December 31, 2016 9.039B
December 31, 2015 8.935B
December 31, 2014 9.086B
December 31, 2013 9.071B
December 31, 2012 8.588B
December 31, 2011 9.583B
Date Value
December 31, 2010 9.07B
December 31, 2009 7.469B
December 31, 2008 7.217B
December 31, 2007 6.43B
December 31, 2006 5.321B
December 31, 2005 4.797B
December 31, 2004 4.152B
December 31, 2003 3.729B
December 31, 2002 2.843B
December 31, 2001 2.528B
December 31, 2000 2.885B
December 31, 1999 2.666B
December 31, 1998 2.839B

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

8.641B
Minimum
2021
11.37B
Maximum
2023
9.513B
Average
9.172B
Median
2022

Research and Development Expense (Annual) Benchmarks