Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 55.80M
December 31, 2022 61.52M
December 31, 2021 58.54M
December 31, 2020 40.91M
December 31, 2019 34.95M
December 31, 2018 28.78M
December 31, 2017 27.81M
December 31, 2016 27.99M
December 31, 2015 15.97M
December 31, 2014 8.233M
Date Value
December 31, 2013 9.478M
December 31, 2012 6.194M
December 31, 2011 4.175M
December 31, 2010 2.147M
December 31, 2009 1.973M
December 31, 2008 3.374M
December 31, 2007 5.682M
December 31, 2006 4.687M
December 31, 2005 2.219M
December 31, 2004 1.853M

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

34.95M
Minimum
2019
61.52M
Maximum
2022
50.34M
Average
55.80M
Median
2023

Research and Development Expense (Annual) Benchmarks