Gsk (GLAXF) Research & Development (2009 - 2026)
Gsk (GLAXF) recorded quarterly Research & Development of -$2.3 billion in Q1 2026, up 77.21% quarter-over-quarter from -$10.0 billion in Q4 2025, and down 23.88% on a YoY basis from -$3.0 billion in Q1 2025.
Gsk (GLAXF) Research & Development (2009 - 2026) Analysis & Trends
Gsk's Research & Development history runs 18 years deep, the most recent figure standing at -$2.3 billion for Q1 2026.
- In Q1 2026, Research & Development fell 23.88% year-over-year to -$2.3 billion; the TTM figure through Mar 2026 stood at -$17.3 billion (down 24.99% YoY), while the FY2025 annual figure was $9.9 billion, up 21.26% from the prior year.
- Research & Development was -$2.3 billion for Q1 2026 at Gsk, up from -$10.0 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$1.5 billion in Q1 2022 to a low of -$10.0 billion in Q4 2025.
- Historically, Research & Development has averaged -$3.3 billion across 5 years, with a median of -$1.9 billion in 2024.
- Biggest YoY gain for Research & Development was 18.74% in 2022; the steepest drop was 247.04% in 2022.
- A 5-year view of Research & Development shows it stood at -$6.4 billion in 2022, then decreased by 19.99% to -$7.7 billion in 2023, then declined by 6.37% to -$8.2 billion in 2024, then dropped by 21.83% to -$10.0 billion in 2025, then soared by 77.21% to -$2.3 billion in 2026.
- The last three Research & Development figures came in at -$2.3 billion (Q1 2026), -$10.0 billion (Q4 2025), and -$2.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 93,699,046.73 Bn | 93,699,041.77 Bn | 7.76 Bn | -2.28 Bn |
| 2 | Eli Lilly | 1,012.06 Bn | 1,006.77 Bn | 16.22 Bn | 3.51 Bn |
| 3 | Johnson & Johnson | 560.67 Bn | 538.62 Bn | 15.96 Bn | 3.53 Bn |
| 4 | AbbVie | 402.20 Bn | 392.85 Bn | 10.78 Bn | 2.47 Bn |
| 5 | Merck | 298.59 Bn | 292.94 Bn | 12.09 Bn | 12.59 Bn |
| 6 | Amgen | 188.77 Bn | 176.74 Bn | 5.87 Bn | 1.72 Bn |
| 7 | Gilead Sciences | 160.22 Bn | 152.49 Bn | 5.52 Bn | 1.37 Bn |
| 8 | Pfizer | 148.19 Bn | 135.42 Bn | -1.21 Bn | 2.49 Bn |
| 9 | Bristol Myers Squibb | 116.72 Bn | 106.26 Bn | 8.07 Bn | 2.65 Bn |
| 10 | Gsk | - | - | 7.76 Bn | -2.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.28 Bn |
| Dec 31, 2025 | -10.01 Bn |
| Sep 30, 2025 | -2.28 Bn |
| Jun 30, 2025 | -2.70 Bn |
| Mar 31, 2025 | -1.84 Bn |
| Dec 31, 2024 | -8.22 Bn |
| Sep 30, 2024 | -1.90 Bn |
| Jun 30, 2024 | -1.86 Bn |
| Mar 31, 2024 | -1.82 Bn |
| Dec 31, 2023 | -7.72 Bn |
| Sep 30, 2023 | -2.00 Bn |
| Jun 30, 2023 | -1.68 Bn |
| Mar 31, 2023 | -1.53 Bn |
| Dec 31, 2022 | -6.44 Bn |
| Sep 30, 2022 | -1.59 Bn |
| Jun 30, 2022 | -1.56 Bn |
| Mar 31, 2022 | -1.48 Bn |
| Dec 31, 2021 | -1.85 Bn |
| Sep 30, 2021 | -1.95 Bn |
| Jun 30, 2021 | -1.63 Bn |