Takeda Pharmaceutical (TAK) Research & Development (2017 - 2026)
Takeda Pharmaceutical (TAK) posted Research & Development of -$1.1 billion for Q2 2026, up 15.68% on a QoQ basis from -$1.2 billion in Q1 2026, and down 5.61% year-over-year from -$1.1 billion in Q2 2025.
Analysis
Takeda Pharmaceutical (TAK) Research & Development (2017 - 2026) Analysis & Trends
Takeda Pharmaceutical has reported Research & Development for 10 years, with the latest figure at -$1.1 billion in Q2 2026.
- On a quarterly basis, Research & Development fell 5.61% year-over-year to -$1.1 billion in Q2 2026; TTM through Jun 2026 was -$4.5 billion, a 3.75% increase from a year earlier, with the FY2026 full-year figure at -$4.3 billion, up 10.09% from the prior year.
- Research & Development was -$1.1 billion for Q2 2026 at Takeda Pharmaceutical, up from -$1.2 billion in the prior quarter.
- The five-year high for Research & Development was -$994.4 million in Q2 2025, with the low at -$1.4 billion in Q1 2025.
- Average Research & Development over 5 years is -$1.2 billion, with a median of -$1.2 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development slipped 15.45% in 2022, then grew 12.03% in 2026.
- Over 5 years, Research & Development stood at -$1.2 billion in 2022, then dropped by 2.56% to -$1.3 billion in 2023, then gained by 11.69% to -$1.1 billion in 2024, then retreated by 1.71% to -$1.1 billion in 2025, then gained by 7.76% to -$1.1 billion in 2026.
- The last three Research & Development figures came in at -$1.1 billion (Q2 2026), -$1.2 billion (Q1 2026), and -$1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.04 Bn | 624.28 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 440.25 Bn | 433.68 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 365.65 Bn | 358.51 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 266.64 Bn | 258.95 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Pfizer | 159.03 Bn | 147.33 Bn | 10.94 Bn | 2.81 Bn |
| 6 | Sanofi | 52.43 Bn | 45.05 Bn | 10.79 Bn | -2.60 Bn |
| 7 | Revolution Medicines | 44.19 Bn | 44.19 Bn | - | 394.92 Mn |
| 8 | Incyte | 25.29 Bn | 20.75 Bn | 1.57 Bn | 516.95 Mn |
| 9 | United Therapeutics | 21.44 Bn | 18.77 Bn | 683.80 Mn | 146.30 Mn |
| 10 | Takeda Pharmaceutical | 2.61 Bn | -3.18 Bn | 5.10 Bn | -1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.05 Bn |
| Mar 31, 2026 | -1.25 Bn |
| Dec 31, 2025 | -1.14 Bn |
| Sep 30, 2025 | -1.10 Bn |
| Jun 30, 2025 | -994.45 Mn |
| Mar 31, 2025 | -1.42 Bn |
| Dec 31, 2024 | -1.12 Bn |
| Sep 30, 2024 | -1.18 Bn |
| Jun 30, 2024 | -1.08 Bn |
| Mar 31, 2024 | -1.32 Bn |
| Dec 31, 2023 | -1.27 Bn |
| Sep 30, 2023 | -1.27 Bn |
| Jun 30, 2023 | -1.19 Bn |
| Mar 31, 2023 | -1.23 Bn |
| Dec 31, 2022 | -1.24 Bn |
| Sep 30, 2022 | -1.12 Bn |
| Jun 30, 2022 | -1.11 Bn |
| Mar 31, 2022 | -1.24 Bn |
| Dec 31, 2021 | -1.13 Bn |
| Sep 30, 2021 | -1.20 Bn |