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

Johnson & Johnson (JNJ) posted Research & Development of $3.5 billion for Q1 2026, up 134.23% sequentially from -$10.3 billion in Q4 2025, and up 9.36% YoY from $3.2 billion in Q1 2025.

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

Johnson & Johnson (JNJ) has 18 years of Research & Development data on file, last reported at $3.5 billion in Q1 2026.

  • Quarterly Research & Development rose 9.36% year-over-year to $3.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $411.0 million (down 97.57% YoY) and the FY2025 annual result came in at $109.0 million, down 99.37% from the prior year.
  • Research & Development grew to $3.5 billion in Q1 2026 per JNJ's latest filing, from -$10.3 billion in the prior quarter.
  • The five-year high for Research & Development was $6.2 billion in Q1 2022, with the low at -$10.3 billion in Q4 2025.
  • Average Research & Development over 5 years is $2.3 billion, with a median of $3.5 billion recorded in 2025.
  • Year-over-year, Research & Development tumbled 344.43% in 2023 and surged 152.34% in 2024.
  • Johnson & Johnson's Research & Development stood at $3.5 billion in 2022, then sank by 390.44% to -$10.1 billion in 2023, then surged by 152.34% to $5.3 billion in 2024, then tumbled by 294.49% to -$10.3 billion in 2025, then surged by 134.23% to $3.5 billion in 2026.
  • Business Quant data shows JNJ's Research & Development at $3.5 billion in Q1 2026, -$10.3 billion in Q4 2025, and $3.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 3.51 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 3.53 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 2.47 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -3.49 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 12.59 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 1.72 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 1.37 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 2.49 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 539.00 Mn

Historic Data

Download Data
DateValue
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