Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

View and export this data back to 1994. Upgrade now.
Date Value
December 31, 2023 4.439B
December 31, 2022 3.592B
December 31, 2021 2.860B
December 31, 2020 2.735B
December 31, 2019 2.45B
December 31, 2018 1.469B
December 31, 2017 2.075B
December 31, 2016 2.052B
December 31, 2015 1.621B
December 31, 2014 1.271B
December 31, 2013 859.95M
December 31, 2012 625.55M
December 31, 2011 529.51M
December 31, 2010 489.25M
December 31, 2009 398.76M
Date Value
December 31, 2008 274.90M
December 31, 2007 201.61M
December 31, 2006 137.06M
December 31, 2005 155.58M
December 31, 2004 136.10M
December 31, 2003 136.02M
December 31, 2002 124.93M
December 31, 2001 91.54M
December 31, 2000 56.26M
December 31, 1999 44.90M
December 31, 1998 37.00M
December 31, 1997 27.80M
December 31, 1996 28.30M
December 31, 1995 23.30M
December 31, 1994 39.70M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

2.45B
Minimum
2019
4.439B
Maximum
2023
3.215B
Average
2.860B
Median
2021

Research and Development Expense (Annual) Benchmarks