Teva Pharmaceutical Industries (TEVA) Research & Development (2017 - 2026)
Teva Pharmaceutical Industries (TEVA) posted Research & Development of $696.0 million for Q1 2026, down 64.12% on a QoQ basis from $1.9 billion in Q4 2025, and up 181.78% year-over-year from $247.0 million in Q1 2025.
Teva Pharmaceutical Industries (TEVA) Research & Development (2017 - 2026) Analysis & Trends
Teva Pharmaceutical Industries' Research & Development history runs 10 years deep, the most recent figure standing at $696.0 million for Q1 2026.
- Quarterly Research & Development rose 181.78% year-over-year to $696.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.5 billion (up 2688.32% YoY) and the FY2025 annual result came in at $2.7 billion, up 169.14% from the prior year.
- Research & Development was $696.0 million for Q1 2026 at Teva Pharmaceutical Industries, down from $1.9 billion in the prior quarter.
- Across five years, Research & Development topped out at $1.9 billion in Q4 2025 and bottomed at -$893.0 million in Q4 2024.
- A 5-year average of $522.8 million and a median of $549.0 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development tumbled 155.47% — and 2025, when it surged 317.25%.
- Teva Pharmaceutical Industries' Research & Development stood at $549.0 million in 2022, then surged by 193.26% to $1.6 billion in 2023, then plunged by 155.47% to -$893.0 million in 2024, then jumped by 317.25% to $1.9 billion in 2025, then sank by 64.12% to $696.0 million in 2026.
- Business Quant data shows TEVA's Research & Development at $696.0 million in Q1 2026, $1.9 billion in Q4 2025, and $256.0 million in Q3 2025.
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 | Vireo Growth | 10.53 Bn | 10.38 Bn | 59.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 696.00 Mn |
| Dec 31, 2025 | 1.94 Bn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 654.00 Mn |
| Mar 31, 2025 | 247.00 Mn |
| Dec 31, 2024 | -893.00 Mn |
| Sep 30, 2024 | 240.00 Mn |
| Jun 30, 2024 | 269.00 Mn |
| Mar 31, 2024 | 608.00 Mn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 576.00 Mn |
| Jun 30, 2023 | 603.00 Mn |
| Mar 31, 2023 | 546.00 Mn |
| Dec 31, 2022 | 549.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 228.00 Mn |
| Mar 31, 2022 | 584.00 Mn |
| Dec 31, 2021 | 631.00 Mn |
| Sep 30, 2021 | 222.00 Mn |
| Jun 30, 2021 | 248.00 Mn |