Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 6.083B
December 31, 2022 5.484B
December 31, 2021 5.309B
December 31, 2020 2.548B
December 31, 2019 2.880B
December 31, 2018 3.603B
December 31, 2017 3.288B
December 31, 2016 3.243B
December 31, 2015 3.178B
December 31, 2014 3.104B
Date Value
December 31, 2013 3.021B
December 31, 2012 2.389B
December 31, 2011 1.906B
December 31, 2010 1.343B
December 31, 2009 1.408B
December 31, 2008 2.197B
December 31, 2007 2.106B
December 31, 2006 1.761B
December 31, 2005 1.697B
December 31, 2004 1.679B

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

2.548B
Minimum
2020
6.083B
Maximum
2023
4.461B
Average
5.309B
Median
2021

Research and Development Expense (Annual) Benchmarks