AbbVie (ABBV) Research & Development (2012 - 2026)
AbbVie's (ABBV) quarterly Research & Development came in at $2.3 billion in Q2 2026, up 10.0% year-over-year from $2.1 billion in Q2 2025, and down 5.18% quarter-over-quarter from $2.5 billion in Q1 2026.
Analysis
AbbVie (ABBV) Research & Development (2012 - 2026) Analysis & Trends
AbbVie (ABBV) has reported Research & Development for 15 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 10.0% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $9.7 billion, a 25.86% decrease from a year earlier, with the FY2025 full-year figure at $9.1 billion, down 28.89% from the prior year.
- Research & Development was $2.3 billion for Q2 2026 at AbbVie, down from $2.5 billion in the prior quarter.
- Over five years, Research & Development peaked at $6.8 billion in Q4 2024 and troughed at $1.5 billion in Q1 2022.
- A 5-year average of $2.3 billion and a median of $2.0 billion in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 251.53% in 2024 and slumped 61.93% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $1.8 billion in 2022, then gained by 7.65% to $1.9 billion in 2023, then surged by 251.53% to $6.8 billion in 2024, then tumbled by 61.93% to $2.6 billion in 2025, then retreated by 9.11% to $2.3 billion in 2026.
- The last three Research & Development figures came in at $2.3 billion (Q2 2026), $2.5 billion (Q1 2026), and $2.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 2.81 Bn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | -2.60 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | 394.92 Mn |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 516.95 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 146.30 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 326.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34 Bn |
| Mar 31, 2026 | 2.47 Bn |
| Dec 31, 2025 | 2.58 Bn |
| Sep 30, 2025 | 2.32 Bn |
| Jun 30, 2025 | 2.13 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Dec 31, 2024 | 6.77 Bn |
| Sep 30, 2024 | 2.13 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.93 Bn |
| Sep 30, 2023 | 1.72 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 2.29 Bn |
| Dec 31, 2022 | 1.79 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.61 Bn |
| Mar 31, 2022 | 1.50 Bn |
| Dec 31, 2021 | 1.83 Bn |
| Sep 30, 2021 | 1.66 Bn |