Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 7.823M
December 31, 2022 7.088M
December 31, 2021 5.659M
December 31, 2020 5.264M
December 31, 2019 5.174M
December 31, 2018 5.289M
Date Value
December 31, 2017 5.06M
December 31, 2016 4.476M
December 31, 2015 4.312M
December 31, 2014 2.843M
December 31, 2013 2.443M

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

5.174M
Minimum
2019
7.823M
Maximum
2023
6.202M
Average
5.659M
Median
2021

Research and Development Expense (Annual) Benchmarks