Johnson & Johnson JNJ
NYSE JNJ
$266.86 -0.22 (-0.08%)
As of: Sep 10, 2026 · 1:48 PM EDT

Johnson & Johnson (JNJ) Research & Development (2009 - 2026)

Johnson & Johnson's (JNJ) quarterly Research & Development came in at $3.7 billion in Q2 2026, up 3.9% year-over-year from $3.5 billion in Q2 2025, and up 3.57% quarter-over-quarter from $3.5 billion in Q1 2026.

Analysis

Johnson & Johnson (JNJ) Research & Development (2009 - 2026) Analysis & Trends

Johnson & Johnson has disclosed Research & Development across 18 years of filings, most recently posting $3.7 billion for Q2 2026.

  • In Q2 2026, Research & Development rose 3.9% year-over-year to $3.7 billion; the TTM figure through Jun 2026 stood at $15.1 billion (down 11.11% YoY), while the FY2025 annual figure was $14.7 billion, down 14.9% from the prior year.
  • Research & Development came in at $3.7 billion for Q2 2026 at Johnson & Johnson, up from $3.5 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $6.2 billion in Q1 2022 to a low of $3.2 billion in Q1 2025.
  • Average Research & Development over 5 years is $4.0 billion, with a median of $3.7 billion recorded in 2026.
  • Year-over-year, Research & Development tumbled 32.67% in 2023 and jumped 43.66% in 2024.
  • Over 5 years, Research & Development stood at $3.5 billion in 2022, then rose by 28.55% to $4.5 billion in 2023, then rose by 18.26% to $5.3 billion in 2024, then declined by 19.74% to $4.3 billion in 2025, then decreased by 14.09% to $3.7 billion in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $3.7 billion in Q2 2026, $3.5 billion in Q1 2026, and $4.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Johnson & Johnson 641.98 Bn 621.22 Bn 17.26 Bn 3.65 Bn
2 AbbVie 446.60 Bn 440.03 Bn 12.70 Bn 2.34 Bn
3 Merck 357.75 Bn 350.61 Bn 12.21 Bn 9.74 Bn
4 Novartis Ag 267.43 Bn 259.74 Bn 11.24 Bn -2.85 Bn
5 Pfizer 156.61 Bn 144.91 Bn 10.94 Bn 2.81 Bn
6 Sanofi 52.22 Bn 44.84 Bn 10.79 Bn -2.60 Bn
7 Revolution Medicines 42.95 Bn 42.95 Bn - 394.92 Mn
8 Incyte 24.57 Bn 20.04 Bn 1.57 Bn 516.95 Mn
9 United Therapeutics 21.31 Bn 18.65 Bn 683.80 Mn 146.30 Mn
10 Neurocrine Biosciences 15.81 Bn 15.42 Bn 935.80 Mn 326.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 3.65 Bn
Mar 29, 2026 3.53 Bn
Dec 28, 2025 4.25 Bn
Sep 28, 2025 3.67 Bn
Jun 29, 2025 3.52 Bn
Mar 30, 2025 3.23 Bn
Dec 29, 2024 5.30 Bn
Sep 29, 2024 4.95 Bn
Jun 30, 2024 3.44 Bn
Mar 31, 2024 3.54 Bn
Dec 31, 2023 4.48 Bn
Oct 1, 2023 3.45 Bn
Jul 2, 2023 3.70 Bn
Apr 2, 2023 3.46 Bn
Jan 1, 2023 4.14 Bn
Oct 2, 2022 3.49 Bn
Jul 3, 2022 3.70 Bn
Apr 3, 2022 3.46 Bn
Jan 2, 2022 6.15 Bn
Oct 3, 2021 3.42 Bn