Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 3.517M
December 31, 2022 1.047M
Date Value
December 31, 2021 1.022M
December 31, 2020 0.1618M

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

0.1618M
Minimum
2020
3.517M
Maximum
2023
1.437M
Average
1.035M
Median

Research and Development Expense (Annual) Benchmarks