Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 15.49M
December 31, 2022 10.07M
December 31, 2021 10.59M
December 31, 2020 22.11M
December 31, 2019 12.12M
December 31, 2018 5.972M
December 31, 2017 3.540M
December 31, 2016 4.755M
December 31, 2015 8.734M
December 31, 2014 3.065M
December 31, 2013 9.359M
Date Value
December 31, 2012 7.861M
December 31, 2011 2.449M
December 31, 2010 2.015M
December 31, 2009 1.834M
December 31, 2008 1.956M
December 31, 2007 1.570M
December 31, 2006 2.024M
December 31, 2005 2.097M
December 31, 2004 1.991M
December 31, 2003 0.9294M

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

10.07M
Minimum
2022
22.11M
Maximum
2020
14.08M
Average
12.12M
Median
2019

Research and Development Expense (Annual) Benchmarks