Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 15.81B
December 31, 2022 15.96B
December 31, 2021 16.19B
December 31, 2020 13.88B
December 31, 2019 12.86B
December 31, 2018 12.36B
December 31, 2017 11.46B
December 31, 2016 11.71B
December 31, 2015 9.956B
December 31, 2014 10.83B
December 31, 2013 10.00B
December 31, 2012 10.19B
December 31, 2011 9.424B
Date Value
December 31, 2010 9.577B
December 31, 2009 9.121B
December 31, 2008 8.188B
December 31, 2007 6.992B
December 31, 2006 5.882B
December 31, 2005 4.559B
December 31, 2004 4.155B
December 31, 2003 3.545B
December 31, 2002 2.744B
December 31, 2001 2.309B
December 31, 2000 2.341B
December 31, 1999 2.520B
December 31, 1998 2.355B

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

12.86B
Minimum
2019
16.19B
Maximum
2021
14.94B
Average
15.81B
Median
2023

Research and Development Expense (Annual) Benchmarks