Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
September 30, 2023 8.818B
September 30, 2022 8.194B
September 30, 2021 7.176B
September 30, 2020 5.975B
September 30, 2019 5.398B
September 30, 2018 5.625B
September 30, 2017 5.485B
September 30, 2016 5.151B
September 30, 2015 5.49B
September 30, 2014 5.477B
September 30, 2013 4.967B
September 30, 2012 3.915B
September 30, 2011 2.995B
September 30, 2010 2.451B
September 30, 2009 2.345B
Date Value
September 30, 2008 2.281B
September 30, 2007 1.829B
September 30, 2006 1.538B
September 30, 2005 1.011B
September 30, 2004 720.00M
September 30, 2003 523.00M
September 30, 2002 452.00M
September 30, 2001 414.76M
September 30, 2000 340.41M
September 30, 1999 381.10M
September 30, 1998 349.50M
September 30, 1997 235.92M
September 30, 1996
September 30, 1995 80.20M
September 30, 1994 49.60M

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

5.398B
Minimum
2019
8.818B
Maximum
2023
7.112B
Average
7.176B
Median
2021

Research and Development Expense (Annual) Benchmarks