Gsk (GSK) Research & Development (2009 - 2026)
Gsk (GSK) posted Research & Development of -$6.9 billion for Q3 2026, down 48.92% quarter-over-quarter from -$4.7 billion in Q2 2026.
Analysis
Gsk (GSK) Research & Development (2009 - 2026) Analysis & Trends
Gsk (GSK) has 18 years of Research & Development data on file, last reported at -$6.9 billion in Q3 2026.
- For the quarter ending Q3 2026, Research & Development changed N/A year-over-year to -$6.9 billion; the trailing twelve-month figure through Sep 2026 stood at -$23.9 billion (changed N/A YoY), and the FY2025 full-year result was -$10.0 billion, down 22.33% from the prior year.
- Research & Development was -$6.9 billion for Q3 2026 at Gsk, down from -$4.7 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.
- A 5-year average of -$3.6 billion and a median of -$2.0 billion in 2023 frame the typical range for Research & Development.
- The largest YoY upside for Research & Development was 18.74% in 2022 against a maximum downside of 114.42% in 2022.
- Gsk's Research & Development stood at -$6.4 billion in 2022, then fell by 19.99% to -$7.7 billion in 2023, then slipped by 6.37% to -$8.2 billion in 2024, then decreased by 21.83% to -$10.0 billion in 2025, then soared by 30.81% to -$6.9 billion in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$6.9 billion in Q3 2026, -$4.7 billion in Q2 2026, and -$2.3 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 619.91 Bn | 603.93 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 362.69 Bn | 362.69 Bn | - | - |
| 3 | General Electric | 329.36 Bn | 320.01 Bn | 6.95 Bn | 460.00 Mn |
| 4 | Astrazeneca | 254.01 Bn | 248.73 Bn | 12.86 Bn | -4.05 Bn |
| 5 | Citigroup | 228.33 Bn | -2,073.98 Bn | 24.75 Bn | 2.27 Bn |
| 6 | Bhp | 215.97 Bn | 197.42 Bn | - | - |
| 7 | Rio Tinto | 203.71 Bn | 199.33 Bn | - | - |
| 8 | Diageo | 197.54 Bn | 195.50 Bn | - | - |
| 9 | Unilever | 139.09 Bn | 132.06 Bn | - | - |
| 10 | Gsk | 101.58 Bn | 101.58 Bn | 15.97 Bn | -6.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 8, 2026 | -6.93 Bn |
| Jun 30, 2026 | -4.65 Bn |
| 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 | -3.00 Bn |