Research & Development Expense
Research & Development (R&D) Expense is a financial metric that represents the amount a company spends on research and development activities in a given period. The R&D Expense includes all expenses related to R&D activities, such as salaries and benefits of employees engaged in research and development, materials and equipment purchases, and rent or lease expenses of laboratories and research facilities. Companies allocate funds for R&D expenses to improve products, develop new technologies, and increase their competitiveness in their respective industries. The R&D expense can be found in a company's income statement.
Additional Details
| Metric Name |
Type |
Default Period Type |
| rd_expense |
|
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |