Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.713B
December 31, 2022 1.242B
December 31, 2021 1.393B
December 31, 2020 1.111B
December 31, 2019 1.545B
December 31, 2018 1.455B
December 31, 2017 1.224B
December 31, 2016 1.155B
December 31, 2015 524.67M
December 31, 2014 376.68M
December 31, 2013 202.56M
December 31, 2012 144.33M
Date Value
December 31, 2011 92.96M
December 31, 2010 66.90M
December 31, 2009 45.22M
December 31, 2008 33.99M
December 31, 2007 23.35M
December 31, 2006 13.29M
December 31, 2005 7.083M
December 31, 2004 4.658M
December 31, 2003 2.499M
December 31, 2002 1.615M
December 31, 2001 0.9378M
December 31, 2000 0.8243M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

1.111B
Minimum
2020
1.713B
Maximum
2023
1.401B
Average
1.393B
Median
2021

Research and Development Expense (Annual) Benchmarks