Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 473.80M
December 31, 2022 447.30M
December 31, 2021 414.90M
December 31, 2020 399.40M
December 31, 2019 383.70M
December 31, 2018 318.20M
December 31, 2017 153.30M
December 31, 2016 152.70M
December 31, 2015 110.42M
Date Value
December 31, 2014 57.29M
December 31, 2013 53.86M
December 31, 2012 45.78M
December 31, 2011 35.65M
December 31, 2010 31.44M
December 31, 2009 26.51M
December 31, 2008 26.80M
December 31, 2007 26.28M
December 31, 2006 23.62M

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

383.70M
Minimum
2019
473.80M
Maximum
2023
423.82M
Average
414.90M
Median
2021

Research and Development Expense (Annual) Benchmarks