Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
March 31, 2024 49.64M
March 31, 2023 44.21M
March 31, 2022 28.74M
March 31, 2021 22.54M
March 31, 2020 23.00M
March 31, 2019 27.74M
March 31, 2018 29.66M
Date Value
March 31, 2017 32.77M
March 31, 2016 12.51M
March 31, 2015 9.518M
March 31, 2014 13.98M
March 31, 2013 8.72M
March 31, 2012 7.497M

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

22.54M
Minimum
2021
49.64M
Maximum
2024
33.63M
Average
28.74M
Median
2022

Research and Development Expense (Annual) Benchmarks