Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 877.39M
December 31, 2022 877.09M
December 31, 2021 771.18M
December 31, 2020 722.34M
December 31, 2019 560.91M
December 31, 2018 401.84M
December 31, 2017 166.71M
December 31, 2016 188.27M
December 31, 2015 146.39M
December 31, 2014 94.23M
December 31, 2013 72.91M
December 31, 2012 52.40M
December 31, 2011 66.86M
December 31, 2010 35.97M
Date Value
December 31, 2009 24.40M
December 31, 2008 27.33M
December 31, 2007 34.76M
December 31, 2006 25.35M
December 31, 2005 17.12M
December 31, 2004 20.74M
December 31, 2003 15.28M
December 31, 2002 22.41M
December 31, 2001 12.75M
December 31, 2000 9.268M
December 31, 1999 6.70M
December 31, 1998 6.30M
December 31, 1997 2.70M
December 31, 1996 1.70M

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

560.91M
Minimum
2019
877.39M
Maximum
2023
761.78M
Average
771.18M
Median
2021

Research and Development Expense (Annual) Benchmarks