Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 408.00M
December 31, 2022 322.90M
December 31, 2021 540.10M
December 31, 2020 357.70M
December 31, 2019 1.183B
December 31, 2018 357.90M
December 31, 2017 264.60M
December 31, 2016 147.60M
December 31, 2015 245.10M
December 31, 2014 242.50M
December 31, 2013 299.35M
December 31, 2012 173.39M
December 31, 2011 180.02M
Date Value
December 31, 2010 165.31M
December 31, 2009 122.19M
December 31, 2008 239.18M
December 31, 2007 83.35M
December 31, 2006 57.57M
December 31, 2005 36.05M
December 31, 2004 30.60M
December 31, 2003 35.42M
December 31, 2002 26.78M
December 31, 2001 32.59M
December 31, 2000 70.19M
December 31, 1999 30.70M
December 31, 1998 11.00M

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

322.90M
Minimum
2022
1.183B
Maximum
2019
562.26M
Average
408.00M
Median
2023

Research and Development Expense (Annual) Benchmarks