Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 11.90M
December 31, 2022 8.755M
December 31, 2021 6.939M
December 31, 2020 5.955M
Date Value
December 31, 2019 3.864M
December 31, 2018 2.095M
December 31, 2017 1.387M

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

3.864M
Minimum
2019
11.90M
Maximum
2023
7.482M
Average
6.939M
Median
2021

Research and Development Expense (Annual) Benchmarks