Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 8.761M
December 31, 2022 7.977M
Date Value
December 31, 2021 6.524M
December 31, 2020 2.889M

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

2.889M
Minimum
2020
8.761M
Maximum
2023
6.538M
Average
7.250M
Median

Research and Development Expense (Annual) Benchmarks