Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 8.054M
December 31, 2022 7.563M
December 31, 2021 8.460M
December 31, 2020 14.56M
December 31, 2019 43.95M
December 31, 2018 47.68M
December 31, 2017 80.21M
Date Value
December 31, 2016 90.33M
December 31, 2015 47.46M
December 31, 2014 17.02M
December 31, 2013 6.340M
December 31, 2012 5.282M
December 31, 2011 3.305M

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

7.563M
Minimum
2022
43.95M
Maximum
2019
16.52M
Average
8.460M
Median
2021

Research and Development Expense (Annual) Benchmarks