Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 374.30M
December 31, 2022 366.70M
December 31, 2021 328.70M
December 31, 2020 295.60M
December 31, 2019 292.90M
December 31, 2018 259.70M
December 31, 2017 238.30M
December 31, 2016 185.13M
December 31, 2015 166.46M
December 31, 2014 148.46M
December 31, 2013 139.19M
December 31, 2012 127.36M
December 31, 2011 105.63M
December 31, 2010 84.94M
Date Value
December 31, 2009 63.00M
December 31, 2008 77.47M
December 31, 2007 73.59M
December 31, 2006 73.89M
December 31, 2005 70.98M
December 31, 2004 63.80M
December 31, 2003 47.07M
December 31, 2002 41.24M
December 31, 2001 35.71M
December 31, 2000 32.36M
December 31, 1999 31.31M
December 31, 1998 28.40M
December 31, 1997 26.70M

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

292.90M
Minimum
2019
374.30M
Maximum
2023
331.64M
Average
328.70M
Median
2021

Research and Development Expense (Annual) Benchmarks