Teva Pharmaceutical Industries (TEVA) Research & Development (2017 - 2026)
Teva Pharmaceutical Industries (TEVA) recorded quarterly Research & Development of $222.0 million in Q1 2026, down 16.85% on a QoQ basis from $267.0 million in Q4 2025, and down 10.12% year-over-year from $247.0 million in Q1 2025.
Teva Pharmaceutical Industries (TEVA) Research & Development (2017 - 2026) Analysis & Trends
Teva Pharmaceutical Industries has disclosed Research & Development across 10 years of filings, most recently posting $222.0 million for Q1 2026.
- Quarterly Research & Development fell 10.12% year-over-year to $222.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $989.0 million (down 1.4% YoY) and the FY2025 annual result came in at $1.0 billion, up 1.5% from the prior year.
- Research & Development declined to $222.0 million in Q1 2026, from $267.0 million in the prior quarter.
- Over five years, Research & Development peaked at $269.0 million in Q2 2024 and troughed at $175.0 million in Q3 2022.
- A 5-year average of $236.8 million and a median of $240.0 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development slipped 21.17% — and 2023, when it surged 44.57%.
- Tracing TEVA's Research & Development over 5 years: stood at $210.0 million in 2022, then rose by 8.1% to $227.0 million in 2023, then grew by 8.81% to $247.0 million in 2024, then rose by 8.1% to $267.0 million in 2025, then slipped by 16.85% to $222.0 million in 2026.
- Business Quant data shows TEVA's Research & Development at $222.0 million in Q1 2026, $267.0 million in Q4 2025, and $256.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 222.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 180.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 138.20 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 934,363.43 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 296.20 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 97.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 103.35 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 39.38 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 46.94 Mn |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 12.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 222.00 Mn |
| Dec 31, 2025 | 267.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 244.00 Mn |
| Mar 31, 2025 | 247.00 Mn |
| Dec 31, 2024 | 247.00 Mn |
| Sep 30, 2024 | 240.00 Mn |
| Jun 30, 2024 | 269.00 Mn |
| Mar 31, 2024 | 242.00 Mn |
| Dec 31, 2023 | 227.00 Mn |
| Sep 30, 2023 | 253.00 Mn |
| Jun 30, 2023 | 240.00 Mn |
| Mar 31, 2023 | 234.00 Mn |
| Dec 31, 2022 | 210.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 228.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | 244.00 Mn |
| Sep 30, 2021 | 222.00 Mn |
| Jun 30, 2021 | 248.00 Mn |