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Galapagos (GLPG) Research & Development: 2013-2024

Historic Research & Development for Galapagos (GLPG) over the last 12 years, with Dec 2024 value amounting to $358.5 million.

  • Galapagos' Research & Development rose 15.47% to -$86.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $226.6 million, marking a year-over-year increase of 25.71%. This contributed to the annual value of $358.5 million for FY2024, which is 38.08% up from last year.
  • Latest data reveals that Galapagos reported Research & Development of $358.5 million as of FY2024, which was up 38.08% from $259.6 million recorded in FY2023.
  • In the past 5 years, Galapagos' Research & Development ranged from a high of $624.4 million in FY2020 and a low of $259.6 million during FY2023.
  • Moreover, its 3-year median value for Research & Development was $275.3 million (2022), whereas its average is $297.8 million.
  • In the last 5 years, Galapagos' Research & Development plummeted by 41.28% in 2021 and then skyrocketed by 38.08% in 2024.
  • Yearly analysis of 5 years shows Galapagos' Research & Development stood at $624.4 million in 2020, then slumped by 41.28% to $366.6 million in 2021, then decreased by 24.92% to $275.3 million in 2022, then fell by 5.68% to $259.6 million in 2023, then surged by 38.08% to $358.5 million in 2024.