Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 9.69M
December 31, 2022 9.698M
December 31, 2021 5.573M
December 31, 2020 3.481M
December 31, 2019 5.365M
December 31, 2018 5.523M
December 31, 2017 13.36M
December 31, 2016 16.20M
December 31, 2015 19.00M
December 31, 2014 15.10M
December 31, 2013 17.06M
December 31, 2012 13.63M
December 31, 2011 10.90M
Date Value
December 31, 2010 9.687M
December 31, 2009 12.23M
December 31, 2008 17.37M
December 31, 2007 14.76M
December 31, 2006 21.98M
December 31, 2005 15.45M
December 31, 2004 10.38M
December 31, 2003 9.071M
December 31, 2002 7.901M
December 31, 2001 5.487M
December 31, 2000 2.584M
December 31, 1999 1.172M
December 31, 1998 1.175M

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

3.481M
Minimum
2020
9.698M
Maximum
2022
6.761M
Average
5.573M
Median
2021

Research and Development Expense (Annual) Benchmarks