Elanco Animal Health (ELAN) Research & Development (2017 - 2026)
Elanco Animal Health's (ELAN) quarterly Research & Development came in at $92.0 million in Q2 2026, little changed year-over-year from $92.0 million in Q2 2025, and down 5.15% quarter-over-quarter from $97.0 million in Q1 2026.
Analysis
Elanco Animal Health (ELAN) Research & Development (2017 - 2026) Analysis & Trends
Elanco Animal Health has disclosed Research & Development across 10 years of filings, most recently posting $92.0 million for Q2 2026.
- In Q2 2026, Research & Development changed 0.0% year-over-year to $92.0 million; the TTM figure through Jun 2026 stood at $371.0 million (up 4.8% YoY), while the FY2025 annual figure was $368.0 million, up 6.98% from the prior year.
- Research & Development came in at $92.0 million for Q2 2026 at Elanco Animal Health, down from $97.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $97.0 million in Q1 2026 to a low of $78.0 million in Q3 2022.
- Average Research & Development over 5 years is $86.1 million, with a median of $86.5 million recorded in 2023.
- Year-over-year, Research & Development slipped 17.02% in 2022 and climbed 14.81% in 2025.
- Over 5 years, Research & Development stood at $80.0 million in 2022, then dropped by 1.25% to $79.0 million in 2023, then increased by 2.53% to $81.0 million in 2024, then rose by 14.81% to $93.0 million in 2025, then decreased by 1.08% to $92.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $92.0 million in Q2 2026, $97.0 million in Q1 2026, and $93.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.71 Bn | 40.52 Bn | 779.09 Mn | 171.28 Mn |
| 2 | Zoetis | 30.68 Bn | 29.01 Bn | 1.05 Bn | - |
| 3 | Elanco Animal Health | 11.86 Bn | 11.33 Bn | 798.00 Mn | 92.00 Mn |
| 4 | Phibro Animal Health | 1.49 Bn | 1.41 Bn | 134.40 Mn | - |
| 5 | Immucell | 89.92 Mn | 81.06 Mn | 2.44 Mn | 1.11 Mn |
| 6 | Zhengye Biotechnology Holding | 75.76 Mn | 68.66 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 3,380.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.00 Mn |
| Mar 31, 2026 | 97.00 Mn |
| Dec 31, 2025 | 93.00 Mn |
| Sep 30, 2025 | 89.00 Mn |
| Jun 30, 2025 | 92.00 Mn |
| Mar 31, 2025 | 94.00 Mn |
| Dec 31, 2024 | 81.00 Mn |
| Sep 30, 2024 | 87.00 Mn |
| Jun 30, 2024 | 89.00 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 79.00 Mn |
| Sep 30, 2023 | 86.00 Mn |
| Jun 30, 2023 | 81.00 Mn |
| Mar 31, 2023 | 81.00 Mn |
| Dec 31, 2022 | 80.00 Mn |
| Sep 30, 2022 | 78.00 Mn |
| Jun 30, 2022 | 82.00 Mn |
| Mar 31, 2022 | 81.00 Mn |
| Dec 31, 2021 | 92.00 Mn |
| Sep 30, 2021 | 94.00 Mn |