Johnson & Johnson (JNJ) Research & Development (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly Research & Development came in at $3.5 billion in Q1 2026, up 9.36% year-on-year from $3.2 billion in Q1 2025, and up 134.23% quarter-over-quarter from -$10.3 billion in Q4 2025.
Johnson & Johnson (JNJ) Research & Development (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed Research & Development across 18 years of filings, most recently posting $3.5 billion for Q1 2026.
- Research & Development for Q1 2026 came in at $3.5 billion, up 9.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $411.0 million (down 97.57% YoY), and the FY2025 annual result was $109.0 million, down 99.37% from the prior year.
- Research & Development came in at $3.5 billion for Q1 2026 at Johnson & Johnson, up from -$10.3 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 -$10.3 billion in Q4 2025.
- The 5-year median for Research & Development is $3.5 billion (2025), against an average of $2.3 billion.
- Across the five-year window, Research & Development sank 344.43% in 2023 and jumped 152.34% in 2024, its largest moves.
- Johnson & Johnson's Research & Development stood at $3.5 billion in 2022, then plunged by 390.44% to -$10.1 billion in 2023, then surged by 152.34% to $5.3 billion in 2024, then slumped by 294.49% to -$10.3 billion in 2025, then surged by 134.23% to $3.5 billion in 2026.
- The last three Research & Development figures came in at $3.5 billion (Q1 2026), -$10.3 billion (Q4 2025), and $3.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | -2.28 Bn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 3.51 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 3.53 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 2.47 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 12.59 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 1.72 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 1.37 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 2.49 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 2.65 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 3.53 Bn |
| Dec 28, 2025 | -10.30 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 | -10.12 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 |
| Jul 4, 2021 | 3.39 Bn |