Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 241.23M
December 31, 2022 155.70M
December 31, 2021 135.27M
Date Value
December 31, 2020 63.32M
December 31, 2019 45.81M

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

45.81M
Minimum
2019
241.23M
Maximum
2023
128.26M
Average
135.27M
Median
2021

Research and Development Expense (Annual) Benchmarks