Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.548B
December 31, 2022 1.546B
December 31, 2021 1.393B
December 31, 2020 998.63M
Date Value
December 31, 2019 560.32M
December 31, 2018 168.83M
December 31, 2017 19.15M
December 31, 2016 4.419M

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

560.32M
Minimum
2019
1.548B
Maximum
2023
1.209B
Average
1.393B
Median
2021

Research and Development Expense (Annual) Benchmarks