Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 418.09M
December 31, 2022 440.59M
December 31, 2021 427.61M
December 31, 2020 374.96M
December 31, 2019 322.82M
December 31, 2018 301.50M
December 31, 2017 307.30M
December 31, 2016 292.16M
December 31, 2015 292.25M
December 31, 2014 291.64M
December 31, 2013 264.06M
December 31, 2012 255.87M
December 31, 2011 201.02M
December 31, 2010 191.86M
December 31, 2009 164.84M
Date Value
December 31, 2008 218.06M
December 31, 2007 204.34M
December 31, 2006 202.44M
December 31, 2005 216.37M
December 31, 2004 249.97M
December 31, 2003 254.60M
December 31, 2002 293.92M
December 31, 2001 288.66M
December 31, 2000 300.92M
December 31, 1999 228.60M
December 31, 1998 195.20M
December 31, 1997 162.50M
December 31, 1996 143.93M
December 31, 1995 123.49M
December 31, 1994 70.44M

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

322.82M
Minimum
2019
440.59M
Maximum
2022
396.82M
Average
418.09M
Median
2023

Research and Development Expense (Annual) Benchmarks