Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 3.969B
December 31, 2022 3.075B
December 31, 2021 2.593B
December 31, 2020 1.491B
December 31, 2019 1.343B
December 31, 2018 1.46B
December 31, 2017 1.378B
December 31, 2016 834.41M
December 31, 2015 717.90M
Date Value
December 31, 2014 464.70M
December 31, 2013 231.98M
December 31, 2012 273.98M
December 31, 2011 208.98M
December 31, 2010 93.00M
December 31, 2009 19.28M
December 31, 2008 53.71M
December 31, 2007 62.75M

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

1.343B
Minimum
2019
3.969B
Maximum
2023
2.494B
Average
2.593B
Median
2021

Research and Development Expense (Annual) Benchmarks