Growth Metrics

Pfizer (PFE) R&D In Process (2009 - 2026)

Pfizer (PFE) reported R&D In Process of $137.0 million for Q1 2026, up 1422.22% year-over-year from $9.0 million in Q1 2025, and down 35.38% on a QoQ basis from $212.0 million in Q4 2025.

Pfizer (PFE) has 9 years of R&D In Process data on file, last reported at $137.0 million in Q1 2026.

  • Quarterly R&D In Process rose 1422.22% year-over-year to $137.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 6117.86% YoY) and the FY2025 annual result came in at $1.6 billion, up 1393.52% from the prior year.
  • R&D In Process fell to $137.0 million in Q1 2026 per PFE's latest filing, from $212.0 million in the prior quarter.
  • Across five years, R&D In Process topped out at $1.4 billion in Q3 2025 and bottomed at $1.0 million in Q3 2022.
  • The 5-year median for R&D In Process is $50.0 million (2023), against an average of $203.0 million.
  • The widest annual swing landed in 2022, when R&D In Process sank 99.54%; it then soared 10592.31% in 2025.
  • Tracing PFE's R&D In Process over 5 years: stood at $524.0 million in 2022, then slumped by 86.26% to $72.0 million in 2023, then plunged by 81.94% to $13.0 million in 2024, then soared by 1530.77% to $212.0 million in 2025, then plunged by 35.38% to $137.0 million in 2026.
  • Per Business Quant, the three latest PFE R&D In Process figures stand at $137.0 million (Q1 2026), $212.0 million (Q4 2025), and $1.4 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D In Process (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn - 11.30 Bn
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn 584.00 Mn
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn -
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn 744.00 Mn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn -
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn -
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn 107.00 Mn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn 137.00 Mn
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn 94.00 Mn
10 Gsk 88.34 Bn 83.66 Bn - -

Historic Data

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DateValue
Mar 29, 2026 137.00 Mn
Dec 31, 2025 212.00 Mn
Sep 28, 2025 1.39 Bn
Jun 29, 2025 2.00 Mn
Mar 30, 2025 9.00 Mn
Sep 29, 2024 13.00 Mn
Jun 30, 2024 6.00 Mn
Dec 31, 2023 72.00 Mn
Oct 1, 2023 67.00 Mn
Jul 2, 2023 33.00 Mn
Apr 2, 2023 21.00 Mn
Oct 2, 2022 524.00 Mn
Jul 3, 2022 1.00 Mn
Apr 3, 2022 355.00 Mn
Dec 31, 2021 300.00 Mn
Oct 3, 2021 706.00 Mn
Jul 4, 2021 219.00 Mn
Apr 4, 2021 19.00 Mn
Jun 28, 2020 98.00 Mn
Dec 31, 2010 51.00 Mn
Apr 4, 2010 74.00 Mn
Dec 31, 2009 48.00 Mn
Jun 28, 2009 20.00 Mn