Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
October 31, 2023 1.947B
October 31, 2022 1.680B
October 31, 2021 1.505B
October 31, 2020 1.279B
October 31, 2019 1.137B
October 31, 2018 1.085B
October 31, 2017 908.84M
October 31, 2016 856.70M
October 31, 2015 776.23M
October 31, 2014 718.77M
October 31, 2013 669.20M
October 31, 2012 581.63M
October 31, 2011 491.87M
October 31, 2010 449.23M
October 31, 2009 419.91M
Date Value
October 31, 2008 399.55M
October 31, 2007 379.22M
October 31, 2006 370.63M
October 31, 2005 320.94M
October 31, 2004 285.28M
October 31, 2003 285.88M
October 31, 2002 225.54M
October 31, 2001 189.83M
October 31, 2000 189.28M
September 30, 1999 167.10M
September 30, 1998 154.40M
September 30, 1997 146.60M
September 30, 1996 120.00M
September 30, 1995 58.70M

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

1.137B
Minimum
2019
1.947B
Maximum
2023
1.510B
Average
1.505B
Median
2021

Research and Development Expense (Annual) Benchmarks