Takeda Pharmaceutical (TAK) Research & Development (2017 - 2026)

Takeda Pharmaceutical's (TAK) quarterly Research & Development came in at $7.4 billion in Q1 2026, down 9.59% year-on-year from $8.2 billion in Q1 2025, and up 747.68% quarter-over-quarter from -$1.1 billion in Q4 2025.

Takeda Pharmaceutical (TAK) Research & Development (2017 - 2026) Analysis & Trends

Takeda Pharmaceutical's Research & Development history runs 10 years deep, the most recent figure standing at $7.4 billion for Q1 2026.

  • On a quarterly basis, Research & Development fell 9.59% year-over-year to $7.4 billion in Q1 2026; TTM through Mar 2026 was $4.1 billion, a 13.24% decrease from a year earlier, with the FY2026 full-year figure at $4.5 billion, down 6.33% from the prior year.
  • Research & Development climbed to $7.4 billion in Q1 2026 per TAK's latest filing, from -$1.1 billion in the prior quarter.
  • Across five years, Research & Development topped out at $8.5 billion in Q1 2024 and bottomed at -$1.3 billion in Q3 2023.
  • The 5-year median for Research & Development is -$1.1 billion (2024), against an average of $458.6 million.
  • Across the five-year window, Research & Development plunged 116.38% in 2022 and surged 793.43% in 2024, its largest moves.
  • Year by year, Research & Development stood at -$1.2 billion in 2022, then slipped by 2.56% to -$1.3 billion in 2023, then rose by 11.69% to -$1.1 billion in 2024, then fell by 1.71% to -$1.1 billion in 2025, then jumped by 747.68% to $7.4 billion in 2026.
  • Per Business Quant, the three latest TAK Research & Development figures stand at $7.4 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 138.20 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 97.00 Mn
10 Vireo Growth 10.57 Bn 10.41 Bn 59.30 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 7.37 Bn
Dec 31, 2025 -1.14 Bn
Sep 30, 2025 -1.10 Bn
Jun 30, 2025 -994.45 Mn
Mar 31, 2025 8.16 Bn
Dec 31, 2024 -1.12 Bn
Sep 30, 2024 -1.18 Bn
Jun 30, 2024 -1.08 Bn
Mar 31, 2024 8.53 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
Jun 30, 2021 -1.12 Bn