Astrazeneca (AZN) Research & Development (2009 - 2026)
Astrazeneca's Research & Development came in at -$4.05 billion for Q2 2026, compared with -$3.55 billion a year earlier.
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Analysis
Astrazeneca (AZN) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Astrazeneca reported Research & Development of -$25.44 billion; for FY2025, it was -$14.23 billion.
- Going back by year, Research & Development was -$13.58 billion in FY2024, -$10.94 billion in FY2023, -$9.76 billion in FY2022 and -$9.74 billion in FY2021.
- The five-year range for quarterly Research & Development is -$14.23 billion (Q4 2025) to -$2.13 billion (Q1 2022).
- Business Quant data shows AZN's Research & Development at -$3.49 billion (Q1 2026), -$14.23 billion (Q4 2025) and -$3.66 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 3.82 Bn |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 2.34 Bn |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 9.74 Bn |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 2.85 Bn |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 4.05 Bn |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 1.87 Bn |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 1.76 Bn |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 2.81 Bn |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn | 993.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.05 Bn |
| Mar 31, 2026 | -3.49 Bn |
| Dec 31, 2025 | -3.86 Bn |
| Sep 30, 2025 | -3.66 Bn |
| Jun 30, 2025 | 3.55 Bn |
| Mar 31, 2025 | -3.16 Bn |
| Dec 31, 2024 | -4.68 Bn |
| Sep 30, 2024 | -3.12 Bn |
| Jun 30, 2024 | 3.01 Bn |
| Mar 31, 2024 | -2.78 Bn |
| Dec 31, 2023 | -3.07 Bn |
| Sep 30, 2023 | -2.58 Bn |
| Jun 30, 2023 | 2.67 Bn |
| Mar 31, 2023 | -2.61 Bn |
| Dec 31, 2022 | -2.63 Bn |
| Sep 30, 2022 | -2.46 Bn |
| Jun 30, 2022 | 2.55 Bn |
| Mar 31, 2022 | -2.13 Bn |
| Dec 31, 2021 | -2.58 Bn |
| Sep 30, 2021 | -3.61 Bn |
API Access
Astrazeneca Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();