Astrazeneca AZN
NYSE AZN
$160.15 +0.51 (+0.32%)
As of: Sep 11, 2026 · 3:59 PM EDT

Astrazeneca (AZN) Research & Development (2009 - 2026)

Astrazeneca (AZN) posted Research & Development of -$4.1 billion for Q2 2026, down 16.07% on a QoQ basis from -$3.5 billion in Q1 2026, and down 14.23% year-over-year from -$4.7 billion in Q2 2025.

Analysis

Astrazeneca (AZN) Research & Development (2009 - 2026) Analysis & Trends

Astrazeneca has reported Research & Development for 18 years, with the latest figure at -$4.1 billion in Q2 2026.

  • On a quarterly basis, Research & Development fell 14.23% year-over-year to -$4.1 billion in Q2 2026; TTM through Jun 2026 was -$25.4 billion, a 75.46% decrease from a year earlier, with the FY2025 full-year figure at -$14.2 billion, down 4.78% from the prior year.
  • Research & Development was -$4.1 billion for Q2 2026 at Astrazeneca, down from -$3.5 billion in the prior quarter.
  • The five-year high for Research & Development was -$2.1 billion in Q1 2022, with the low at -$14.2 billion in Q4 2025.
  • Average Research & Development over 5 years is -$3.7 billion, with a median of -$3.0 billion recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Research & Development soared 31.91% in 2022, then sank 204.3% in 2025.
  • Over 5 years, Research & Development stood at -$2.6 billion in 2022, then dropped by 17.07% to -$3.1 billion in 2023, then tumbled by 52.2% to -$4.7 billion in 2024, then tumbled by 204.3% to -$14.2 billion in 2025, then surged by 71.52% to -$4.1 billion in 2026.
  • The last three Research & Development figures came in at -$4.1 billion (Q2 2026), -$3.5 billion (Q1 2026), and -$14.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Asml Holding 659.69 Bn 643.71 Bn 5.90 Bn -
2 General Electric 337.12 Bn 327.78 Bn 6.95 Bn 460.00 Mn
3 Astrazeneca 247.89 Bn 242.60 Bn 12.86 Bn -4.05 Bn
4 Citigroup 236.49 Bn -2,065.81 Bn 24.75 Bn 2.27 Bn
5 Bhp 220.99 Bn 202.45 Bn - -
6 Rio Tinto 206.31 Bn 201.93 Bn - -
7 Diageo 192.64 Bn 190.61 Bn - -
8 National Grid 165.59 Bn 161.82 Bn - -
9 Unilever 135.28 Bn 128.25 Bn - -
10 Hdfc Bank 119.43 Bn 82.28 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.05 Bn
Mar 31, 2026 -3.49 Bn
Dec 31, 2025 -14.23 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