Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.863B
December 31, 2022 1.67B
December 31, 2021 1.554B
December 31, 2020 1.53B
December 31, 2019 1.544B
December 31, 2018 1.559B
December 31, 2017 1.508B
December 31, 2016 1.356B
December 31, 2015 1.267B
December 31, 2014 1.358B
December 31, 2013 1.522B
December 31, 2012 1.877B
December 31, 2011 1.715B
December 31, 2010 1.57B
December 31, 2009 1.476B
Date Value
December 31, 2008 1.94B
December 31, 2007 2.155B
December 31, 2006 2.195B
December 31, 2005 1.986B
December 31, 2004 1.946B
December 31, 2003 1.748B
December 31, 2002 1.619B
December 31, 2001 1.598B
December 31, 2000 1.747B
December 31, 1999 1.379B
December 31, 1998 1.265B
December 31, 1997 1.556B
December 31, 1996 1.181B
December 31, 1995 842.00M
December 31, 1994 578.00M

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

1.53B
Minimum
2020
1.863B
Maximum
2023
1.632B
Average
1.554B
Median
2021

Research and Development Expense (Annual) Benchmarks