Apple Inc. (AAPL)
The r&d expense for Apple Inc. (AAPL) is $34.55 Billion with a year-over-year change of +10.14%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
Current R&D Expense
$34.55B
$34.55 Billion
Year-over-Year Change
+10.14%
vs. $31.37B prior year
Historical Data
30
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $34.55B | +$3.18B | +10.14% |
| 2024 | $31.37B | +$1.46B | +4.86% |
| 2023 | $29.91B | +$3.66B | +13.96% |
| 2022 | $26.25B | +$4.34B | +19.79% |
| 2021 | $21.91B | +$3.16B | +16.86% |
| 2020 | $18.75B | +$2.54B | +15.63% |
| 2019 | $16.22B | +$1.98B | +13.92% |
| 2018 | $14.24B | +$2.65B | +22.93% |
| 2017 | $11.58B | +$1.54B | +15.29% |
| 2016 | $10.04B | — | — |
Understanding Research & Development Expenses
What is Research & Development Expenses? Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
Why it Matters: R&D spending is a key indicator of a company's commitment to innovation and future growth. Companies that invest heavily in R&D are typically positioning themselves for long-term competitive advantages, though this comes at the cost of near-term profitability.
How to Use: Compare R&D as a percentage of revenue to industry peers. Tech and pharma companies typically spend 15-25% of revenue on R&D, while consumer goods companies may spend 2-5%. Growing R&D spend often signals confidence in future opportunities.