Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 57.31M
December 31, 2022 48.86M
December 31, 2021 36.74M
Date Value
December 31, 2020 28.85M
December 31, 2019 23.33M
December 31, 2018 22.92M

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

23.33M
Minimum
2019
57.31M
Maximum
2023
39.02M
Average
36.74M
Median
2021

Research and Development Expense (Annual) Benchmarks