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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |