Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.336M
December 31, 2022 0.915M
December 31, 2021 0.87M
December 31, 2020 0.657M
December 31, 2019 0.932M
December 31, 2018 1.702M
Date Value
December 31, 2017 2.441M
December 31, 2016 3.411M
December 31, 2015 2.546M
December 31, 2014 1.443M
December 31, 2013 0.5724M

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

0.657M
Minimum
2020
1.336M
Maximum
2023
0.942M
Average
0.915M
Median
2022

Research and Development Expense (Annual) Benchmarks