Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 10.68B
December 31, 2022 11.43B
December 31, 2021 10.36B
December 31, 2020 9.393B
December 31, 2019 8.385B
December 31, 2018 7.76B
December 31, 2017 7.683B
December 31, 2016 7.892B
December 31, 2015 7.69B
December 31, 2014 8.393B
December 31, 2013 6.678B
December 31, 2012 7.482B
December 31, 2011 8.681B
December 31, 2010 9.483B
Date Value
December 31, 2009 7.845B
December 31, 2008 8.578B
December 31, 2007 8.089B
December 31, 2006 7.599B
December 31, 2005 7.256B
December 31, 2004 7.513B
December 31, 2003 7.487B
December 31, 2002 5.208B
December 31, 2001 4.776B
December 31, 2000 4.435B
December 31, 1999 4.036B
December 31, 1998 3.305B
December 31, 1997 1.805B
December 31, 1996 1.567B

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

8.385B
Minimum
2019
11.43B
Maximum
2022
10.05B
Average
10.36B
Median
2021

Research and Development Expense (Annual) Benchmarks