Alcon (ALC) Research & Development (2009 - 2026)
Alcon (ALC) posted Research & Development of -$663.0 million for Q2 2026, down 170.61% on a QoQ basis from -$245.0 million in Q1 2026, and down 170.61% year-over-year from $938.9 million in Q2 2025.
Analysis
Alcon (ALC) Research & Development (2009 - 2026) Analysis & Trends
Alcon has reported Research & Development for 11 years, with the latest figure at -$663.0 million in Q2 2026.
- On a quarterly basis, Research & Development fell 170.61% year-over-year to -$663.0 million in Q2 2026; TTM through Jun 2026 was -$1.4 billion, a 55.21% decrease from a year earlier, with the FY2025 full-year figure at -$990.0 million, down 13.01% from the prior year.
- Research & Development was -$663.0 million for Q2 2026 at Alcon, down from -$245.0 million in the prior quarter.
- The five-year high for Research & Development was -$159.0 million in Q3 2022, with the low at -$663.0 million in Q2 2026.
- Average Research & Development over 5 years is -$240.1 million, with a median of -$217.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development surged 50.0% in 2022, then plunged 170.61% in 2026.
- Over 5 years, Research & Development stood at -$196.0 million in 2022, then declined by 6.12% to -$208.0 million in 2023, then decreased by 11.54% to -$232.0 million in 2024, then declined by 17.67% to -$273.0 million in 2025, then sank by 142.86% to -$663.0 million in 2026.
- The last three Research & Development figures came in at -$663.0 million (Q2 2026), -$245.0 million (Q1 2026), and -$273.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 771.00 Mn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 434.00 Mn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 554.00 Mn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 278.90 Mn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | -663.00 Mn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 153.00 Mn |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 104.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -663.00 Mn |
| Mar 31, 2026 | -245.00 Mn |
| Dec 31, 2025 | -273.00 Mn |
| Sep 30, 2025 | -250.00 Mn |
| Jun 30, 2025 | -245.00 Mn |
| Dec 31, 2024 | -232.00 Mn |
| Sep 30, 2024 | -225.00 Mn |
| Jun 30, 2024 | -220.00 Mn |
| Mar 31, 2024 | -199.00 Mn |
| Dec 31, 2023 | -208.00 Mn |
| Sep 30, 2023 | -201.00 Mn |
| Jun 30, 2023 | -217.00 Mn |
| Mar 31, 2023 | -202.00 Mn |
| Dec 31, 2022 | -196.00 Mn |
| Sep 30, 2022 | -159.00 Mn |
| Jun 30, 2022 | -181.00 Mn |
| Mar 31, 2022 | -166.00 Mn |
| Dec 31, 2021 | -180.00 Mn |
| Sep 30, 2021 | -318.00 Mn |
| Jun 30, 2021 | -178.00 Mn |