Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 39.81M
December 31, 2022 19.80M
December 31, 2021 10.16M
December 31, 2020 8.843M
December 31, 2019 19.42M
December 31, 2018 41.76M
Date Value
December 31, 2017 20.59M
December 31, 2016 20.47M
December 31, 2015 13.93M
December 31, 2014 11.92M
December 31, 2013 3.367M

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

8.843M
Minimum
2020
39.81M
Maximum
2023
19.61M
Average
19.42M
Median
2019

Research and Development Expense (Annual) Benchmarks