Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.068B
December 31, 2022 948.98M
December 31, 2021 780.26M
December 31, 2020 606.19M
Date Value
December 31, 2019 1.207B
December 31, 2018 251.66M
December 31, 2017 207.97M

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

606.19M
Minimum
2020
1.207B
Maximum
2019
922.18M
Average
948.98M
Median
2022

Research and Development Expense (Annual) Benchmarks