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
DateValue
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