The latest quarterly R&D expense is $2.96 Billion with a quarter-over-quarter change of +11.70%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
Reported quarterly R&D expense; no daily interpolation.
$2.96B
$2.96 Billion
+11.70%
vs. $2.65B prior quarter
96
Quarters of data available
| Period | R&D Expense | QoQ Change | % Change |
|---|---|---|---|
| Quarter ended Jun 2026 | $2.96B | +$310.00M | +11.70% |
| Quarter ended Mar 2026 | $2.65B | +$63.00M | +2.44% |
| Quarter ended Dec 2025 | $2.59B | +$58.00M | +2.29% |
| Quarter ended Sep 2025 | $2.53B | −$52.00M | -2.02% |
| Quarter ended Jun 2025 | $2.58B | +$323.00M | +14.31% |
| Quarter ended Mar 2025 | $2.26B | −$531.00M | -19.05% |
| Quarter ended Dec 2024 | $2.79B | +$435.00M | +18.49% |
| Quarter ended Sep 2024 | $2.35B | +$58.00M | +2.53% |
| Quarter ended Jun 2024 | $2.29B | −$399.00M | -14.81% |
| Quarter ended Mar 2024 | $2.69B | +$218.00M | +8.80% |
| Quarter ended Dec 2023 | $2.48B | +$298.00M | +13.68% |
| Quarter ended Sep 2023 | $2.18B | −$80.00M | -3.54% |
| Quarter ended Jun 2023 | $2.26B | −$43.00M | -1.87% |
| Quarter ended Mar 2023 | $2.30B | −$209.00M | -8.33% |
| Quarter ended Dec 2022 | $2.51B | +$150.00M | +6.36% |
| Quarter ended Sep 2022 | $2.36B | +$39.00M | +1.68% |
| Quarter ended Jun 2022 | $2.32B | +$101.00M | +4.55% |
| Quarter ended Mar 2022 | $2.22B | −$387.00M | -14.84% |
| Quarter ended Dec 2021 | $2.61B | −$643.00M | -19.78% |
| Quarter ended Sep 2021 | $3.25B | −$21.00M | -0.64% |
| Quarter ended Jun 2021 | $3.27B | +$1.05B | +47.08% |
| Quarter ended Mar 2021 | $2.22B | −$566.00M | -20.29% |
| Quarter ended Dec 2020 | $2.79B | +$294.00M | +11.78% |
| Quarter ended Sep 2020 | $2.50B | +$13.00M | +0.52% |
| Quarter ended Jun 2020 | $2.48B | +$167.00M | +7.21% |
| Quarter ended Mar 2020 | $2.32B | +$328.00M | +16.50% |
| Quarter ended Dec 2019 | $1.99B | +$626.00M | +45.96% |
| Quarter ended Sep 2019 | $1.36B | +$53.00M | +4.05% |
| Quarter ended Jun 2019 | $1.31B | +$9.00M | +0.69% |
| Quarter ended Mar 2019 | $1.30B | −$58.00M | -4.27% |
| Quarter ended Dec 2018 | $1.36B | +$96.00M | +7.61% |
| Quarter ended Sep 2018 | $1.26B | −$1.15B | -47.76% |
| Quarter ended Jun 2018 | $2.42B | +$1.19B | +96.42% |
| Quarter ended Mar 2018 | $1.23B | −$181.00M | -12.83% |
| Quarter ended Dec 2017 | $1.41B | −$68.00M | -4.60% |
| Quarter ended Sep 2017 | $1.48B | +$391.00M | +35.94% |
| Quarter ended Jun 2017 | $1.09B | +$67.00M | +6.56% |
| Quarter ended Mar 2017 | $1.02B | −$193.00M | -15.90% |
| Quarter ended Dec 2016 | $1.21B | +$76.00M | +6.68% |
| Quarter ended Sep 2016 | $1.14B | −$128.00M | -10.11% |
| Quarter ended Jun 2016 | $1.27B | +$130.00M | +11.44% |
| Quarter ended Mar 2016 | $1.14B | −$780.00M | -40.71% |
| Quarter ended Dec 2015 | $1.92B | +$784.00M | +69.26% |
| Quarter ended Sep 2015 | $1.13B | −$724.00M | -39.01% |
| Quarter ended Jun 2015 | $1.86B | +$840.00M | +82.68% |
| Quarter ended Mar 2015 | $1.02B | −$173.00M | -14.55% |
| Quarter ended Dec 2014 | $1.19B | +$206.00M | +20.96% |
| Quarter ended Sep 2014 | $983.00M | −$433.00M | -30.58% |
| Quarter ended Jun 2014 | $1.42B | +$470.00M | +49.68% |
| Quarter ended Mar 2014 | $946.00M | −$11.00M | -1.15% |
| Quarter ended Dec 2013 | $957.00M | +$64.00M | +7.17% |
| Quarter ended Sep 2013 | $893.00M | −$58.00M | -6.10% |
| Quarter ended Jun 2013 | $951.00M | +$21.00M | +2.26% |
| Quarter ended Mar 2013 | $930.00M | −$152.00M | -14.05% |
| Quarter ended Dec 2012 | $1.08B | +$131.00M | +13.77% |
| Quarter ended Sep 2012 | $951.00M | −$11.00M | -1.14% |
| Quarter ended Jun 2012 | $962.00M | +$53.00M | +5.83% |
| Quarter ended Mar 2012 | $909.00M | −$99.00M | -9.82% |
| Quarter ended Dec 2011 | $1.01B | +$35.00M | +3.60% |
| Quarter ended Sep 2011 | $973.00M | +$50.00M | +5.42% |
| Quarter ended Jun 2011 | $923.00M | −$12.00M | -1.28% |
| Quarter ended Mar 2011 | $935.00M | −$75.00M | -7.43% |
| Quarter ended Dec 2010 | $1.01B | +$186.00M | +22.57% |
| Quarter ended Sep 2010 | $824.00M | +$2.00M | +0.24% |
| Quarter ended Jun 2010 | $822.00M | −$88.00M | -9.67% |
| Quarter ended Mar 2010 | $910.00M | −$147.00M | -13.91% |
| Quarter ended Dec 2009 | $1.06B | +$219.00M | +26.13% |
| Quarter ended Sep 2009 | $838.00M | +$9.00M | +1.09% |
| Quarter ended Jun 2009 | $829.00M | −$94.00M | -10.18% |
| Quarter ended Mar 2009 | $923.00M | −$220.00M | -19.25% |
| Quarter ended Dec 2008 | $1.14B | +$309.00M | +37.05% |
| Quarter ended Sep 2008 | $834.00M | +$8.00M | +0.97% |
| Quarter ended Jun 2008 | $826.00M | +$31.00M | +3.90% |
| Quarter ended Mar 2008 | $795.00M | −$75.00M | -8.62% |
| Quarter ended Dec 2007 | $870.00M | +$43.00M | +5.20% |
| Quarter ended Sep 2007 | $827.00M | +$49.00M | +6.30% |
| Quarter ended Jun 2007 | $778.00M | −$29.00M | -3.59% |
| Quarter ended Mar 2007 | $807.00M | −$14.00M | -1.71% |
| Quarter ended Dec 2006 | $821.00M | +$65.00M | +8.60% |
| Quarter ended Sep 2006 | $756.00M | +$16.00M | +2.16% |
| Quarter ended Jun 2006 | $740.00M | −$10.00M | -1.33% |
| Quarter ended Mar 2006 | $750.00M | −$25.00M | -3.23% |
| Quarter ended Dec 2005 | $775.00M | +$106.00M | +15.84% |
| Quarter ended Sep 2005 | $669.00M | +$20.00M | +3.08% |
| Quarter ended Jun 2005 | $649.00M | −$4.00M | -0.61% |
| Quarter ended Mar 2005 | $653.00M | −$24.00M | -3.55% |
| Quarter ended Dec 2004 | $677.00M | +$62.00M | +10.08% |
| Quarter ended Sep 2004 | $615.00M | −$10.00M | -1.60% |
| Quarter ended Jun 2004 | $625.00M | +$42.00M | +7.20% |
| Quarter ended Mar 2004 | $583.00M | −$122.00M | -17.30% |
| Quarter ended Dec 2003 | $705.00M | +$137.00M | +24.12% |
| Quarter ended Sep 2003 | $568.00M | +$38.00M | +7.17% |
| Quarter ended Jun 2003 | $530.00M | +$54.00M | +11.34% |
| Quarter ended Mar 2003 | $476.00M | −$178.00M | -27.22% |
| Quarter ended Dec 2002 | $654.00M | +$119.00M | +22.24% |
| Quarter ended Sep 2002 | $535.00M | N/A | N/A |