Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 68.86M
December 31, 2022 74.09M
December 31, 2021 78.87M
December 31, 2020 57.15M
December 31, 2019 44.65M
December 31, 2018 48.37M
December 31, 2017 46.00M
December 31, 2016 38.05M
December 31, 2015 34.33M
December 31, 2014 30.68M
December 31, 2013 25.48M
December 31, 2012 18.62M
December 31, 2011 16.37M
Date Value
December 31, 2010 12.83M
December 31, 2009 11.66M
December 31, 2008 12.03M
December 31, 2007 11.83M
December 31, 2006 8.773M
December 31, 2005 7.134M
December 31, 2004 5.333M
December 31, 2003 4.195M
December 31, 2002 3.187M
December 31, 2001 2.535M
December 31, 2000 2.762M
December 31, 1999 1.80M
December 31, 1998 1.20M

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

44.65M
Minimum
2019
78.87M
Maximum
2021
64.73M
Average
68.86M
Median
2023

Research and Development Expense (Annual) Benchmarks