Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 347.94M
December 31, 2022 297.44M
December 31, 2021 151.50M
Date Value
December 31, 2020 65.10M
December 31, 2019 45.94M

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

45.94M
Minimum
2019
347.94M
Maximum
2023
181.58M
Average
151.50M
Median
2021

Research and Development Expense (Annual) Benchmarks