Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

View and export this data back to 1995. Upgrade now.
Date Value
December 31, 2023 3.163B
December 31, 2022 2.540B
December 31, 2021 1.938B
December 31, 2020 1.830B
December 31, 2019 1.754B
December 31, 2018 1.416B
December 31, 2017 1.325B
December 31, 2016 1.048B
December 31, 2015 995.92M
December 31, 2014 855.51M
December 31, 2013 882.10M
December 31, 2012 765.90M
December 31, 2011 707.71M
December 31, 2010 637.42M
December 31, 2009 550.27M
Date Value
December 31, 2008 516.91M
December 31, 2007 513.05M
December 31, 2006 371.71M
December 31, 2005 248.54M
December 31, 2004 192.16M
December 31, 2003 199.64M
December 31, 2002 198.34M
December 31, 2001 141.99M
December 31, 2000 102.44M
December 31, 1999 72.20M
December 31, 1998 58.70M
December 31, 1997 51.60M
December 31, 1996 35.20M
December 31, 1995 41.50M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

Read full definition.

Research and Development Expense (Annual) Range, Past 5 Years

1.754B
Minimum
2019
3.163B
Maximum
2023
2.245B
Average
1.938B
Median
2021

Research and Development Expense (Annual) Benchmarks