Dr Reddys Laboratories (RDY) Research & Development (2009 - 2023)
Dr Reddys Laboratories' (RDY) quarterly Research & Development came in at $66.0 million in Q2 2023, up 10.0% quarter-over-quarter from $60.0 million in Q1 2023.
Dr Reddys Laboratories (RDY) Research & Development (2009 - 2023) Analysis & Trends
Dr Reddys Laboratories' Research & Development history runs 15 years deep, the most recent figure standing at $66.0 million for Q2 2023.
- On a quarterly basis, Research & Development changed N/A year-over-year to $66.0 million in Q2 2023; TTM through Jun 2023 was $251.0 million, a N/A change from a year earlier, with the FY2026 full-year figure at $256.0 million, down 20.0% from the prior year.
- Research & Development rose to $66.0 million in Q2 2023 per RDY's latest filing, from $60.0 million in the prior quarter.
- Across five years, Research & Development topped out at $66.0 million in Q2 2023 and bottomed at $51.0 million in Q2 2019.
- The 5-year median for Research & Development is $60.0 million (2020), against an average of $58.8 million.
- Across the five-year window, Research & Development fell 12.07% in 2019 and rose 17.65% in 2020, its largest moves.
- Year by year, Research & Development stood at $55.0 million in 2019, then rose by 1.82% to $56.0 million in 2020, then rose by 7.14% to $60.0 million in 2021, then grew by 8.33% to $65.0 million in 2022, then gained by 1.54% to $66.0 million in 2023.
- Per Business Quant, the three latest RDY Research & Development figures stand at $66.0 million (Q2 2023), $60.0 million (Q1 2023), and $65.0 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 696.00 Mn |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 180.00 Mn |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | 7.37 Bn |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 138.20 Mn |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 248.60 Mn |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 296.20 Mn |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 97.00 Mn |
| 10 | Dr Reddys Laboratories | 9.83 Bn | 9.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 66.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | 65.00 Mn |
| Jun 30, 2021 | 60.00 Mn |
| Mar 31, 2021 | 61.00 Mn |
| Sep 30, 2020 | 56.00 Mn |
| Jun 30, 2020 | 60.00 Mn |
| Mar 31, 2020 | 54.00 Mn |
| Sep 30, 2019 | 55.00 Mn |
| Jun 30, 2019 | 51.00 Mn |
| Jun 30, 2018 | 58.00 Mn |
| Mar 31, 2018 | 57.00 Mn |
| Dec 31, 2017 | 63.00 Mn |
| Sep 30, 2017 | 78.00 Mn |
| Dec 31, 2016 | 75.00 Mn |
| Sep 30, 2016 | 73.00 Mn |
| Mar 31, 2016 | 71.00 Mn |
| Dec 31, 2015 | 78.00 Mn |
| Sep 30, 2015 | 65.00 Mn |
| Jun 30, 2015 | 68.00 Mn |