Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 745.95M
December 31, 2022 776.36M
December 31, 2021 637.22M
Date Value
December 31, 2020 250.09M
December 31, 2019 299.70M
December 31, 2018 159.02M

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

250.09M
Minimum
2020
776.36M
Maximum
2022
541.86M
Average
637.22M
Median
2021

Research and Development Expense (Annual) Benchmarks