Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 71.08M
December 31, 2022 65.30M
December 31, 2021 66.16M
December 31, 2020 49.39M
December 31, 2019 52.20M
December 31, 2018 51.07M
Date Value
December 31, 2017 48.88M
December 31, 2016 40.21M
December 31, 2015 38.79M
December 31, 2014 41.61M
December 31, 2013 40.37M
December 31, 2012 38.94M

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

49.39M
Minimum
2020
71.08M
Maximum
2023
60.82M
Average
65.30M
Median
2022

Research and Development Expense (Annual) Benchmarks