Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 340.00M
December 31, 2022 288.00M
December 31, 2021 257.00M
December 31, 2020 159.00M
Date Value
December 31, 2019 78.48M
December 31, 2018 49.65M
December 31, 2017 47.22M
December 31, 2016 14.25M

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

78.48M
Minimum
2019
340.00M
Maximum
2023
224.50M
Average
257.00M
Median
2021

Research and Development Expense (Annual) Benchmarks