Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 666.56M
December 31, 2022 651.50M
December 31, 2021 540.68M
December 31, 2020 477.64M
December 31, 2019 257.45M
December 31, 2018 171.98M
December 31, 2017 117.46M
Date Value
December 31, 2016 117.63M
December 31, 2015 121.82M
December 31, 2014 79.84M
December 31, 2013 54.88M
December 31, 2012 46.14M
December 31, 2011 58.68M

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

257.45M
Minimum
2019
666.56M
Maximum
2023
518.77M
Average
540.68M
Median
2021

Research and Development Expense (Annual) Benchmarks