Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.388B
December 31, 2022 1.454B
December 31, 2021 1.235B
December 31, 2020 984.00M
December 31, 2019 971.00M
December 31, 2018 862.00M
December 31, 2017 787.00M
December 31, 2016 715.00M
December 31, 2015 625.00M
December 31, 2014 614.00M
December 31, 2013 536.00M
December 31, 2012 471.00M
December 31, 2011 462.00M
December 31, 2010 394.00M
December 31, 2009 336.20M
Date Value
December 31, 2008 367.80M
December 31, 2007 375.30M
December 31, 2006 324.60M
December 31, 2005 284.70M
December 31, 2004 214.90M
December 31, 2003 180.20M
December 31, 2002 141.40M
December 31, 2001 142.10M
December 31, 2000 122.00M
December 31, 1999 105.20M
December 31, 1998 61.00M
December 31, 1997 56.90M
December 31, 1996 56.90M
December 31, 1995 43.80M
December 31, 1994 39.60M

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

971.00M
Minimum
2019
1.454B
Maximum
2022
1.206B
Average
1.235B
Median
2021

Research and Development Expense (Annual) Benchmarks