Sanofi (SNY) Research & Development (2009 - 2026)

Sanofi's (SNY) quarterly Research & Development came in at -$2.0 billion in Q1 2026, down 7.54% year-on-year from -$2.2 billion in Q1 2025, and up 77.59% quarter-over-quarter from -$9.1 billion in Q4 2025.

Sanofi (SNY) Research & Development (2009 - 2026) Analysis & Trends

Sanofi has disclosed Research & Development across 18 years of filings, most recently posting -$2.0 billion for Q1 2026.

  • Research & Development for Q1 2026 came in at -$2.0 billion, down 7.54% year-over-year; the trailing twelve-month figure through Mar 2026 was -$19.8 billion (down 46.03% YoY), and the FY2025 annual result was $9.1 billion, up 15.53% from the prior year.
  • Research & Development came in at -$2.0 billion for Q1 2026 at Sanofi, up from -$9.1 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$1.7 billion in Q1 2022 to a low of -$9.1 billion in Q4 2025.
  • The 5-year median for Research & Development is -$1.9 billion (2025), against an average of -$3.5 billion.
  • Across the five-year window, Research & Development declined 0.33% in 2023 and tumbled 227.92% in 2025, its largest moves.
  • Sanofi's Research & Development stood at -$6.8 billion in 2022, then fell by 2.33% to -$7.0 billion in 2023, then retreated by 12.86% to -$7.9 billion in 2024, then slipped by 15.53% to -$9.1 billion in 2025, then soared by 77.59% to -$2.0 billion in 2026.
  • The last three Research & Development figures came in at -$2.0 billion (Q1 2026), -$9.1 billion (Q4 2025), and -$6.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -2.28 Bn
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 3.51 Bn
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 3.53 Bn
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 2.47 Bn
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 12.59 Bn
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 1.72 Bn
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 1.37 Bn
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 2.49 Bn
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 2.65 Bn
10 Sanofi 63.47 Mn -6.87 Bn 9.49 Bn -2.05 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.05 Bn
Dec 31, 2025 -9.13 Bn
Sep 30, 2025 -6.49 Bn
Jun 30, 2025 -2.16 Bn
Mar 31, 2025 -1.90 Bn
Dec 31, 2024 -7.90 Bn
Sep 30, 2024 -1.98 Bn
Jun 30, 2024 -1.79 Bn
Mar 31, 2024 -1.81 Bn
Dec 31, 2023 -7.00 Bn
Sep 30, 2023 -1.81 Bn
Jun 30, 2023 -1.77 Bn
Mar 31, 2023 -1.68 Bn
Dec 31, 2022 -6.84 Bn
Sep 30, 2022 -1.75 Bn
Jun 30, 2022 -1.77 Bn
Mar 31, 2022 -1.67 Bn
Dec 31, 2021 -6.51 Bn
Sep 30, 2021 -1.70 Bn
Jun 30, 2021 -1.68 Bn