Teva Pharmaceutical Industries (TEVA) Research & Development (2009 - 2026)
Teva Pharmaceutical Industries' (TEVA) quarterly Research & Development came in at $970.0 million in Q2 2026, up 48.32% on a YoY basis from $654.0 million in Q2 2025, and up 39.37% quarter-over-quarter from $696.0 million in Q1 2026.
Analysis
Teva Pharmaceutical Industries (TEVA) Research & Development (2009 - 2026) Analysis & Trends
Teva Pharmaceutical Industries (TEVA) has reported Research & Development for 18 consecutive years, with $970.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 48.32% year-over-year to $970.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.1 billion (up 20.49% YoY), and the FY2025 full-year result was $2.7 billion, up 5.71% from the prior year.
- Research & Development advanced to $970.0 million in Q2 2026 per TEVA's latest filing, from $696.0 million in the prior quarter.
- Across five years, Research & Development topped out at $970.0 million in Q2 2026 and bottomed at $539.0 million in Q3 2022.
- Historically, Research & Development has averaged $638.4 million across 5 years, with a median of $616.0 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development slipped 13.0% in 2022, then soared 48.32% in 2026.
- Over 5 years, Research & Development stood at $549.0 million in 2022, then advanced by 11.11% to $610.0 million in 2023, then rose by 6.56% to $650.0 million in 2024, then gained by 15.85% to $753.0 million in 2025, then rose by 28.82% to $970.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $970.0 million, $696.0 million, and $753.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.76 Bn | 39.10 Bn | 2.15 Bn | 970.00 Mn |
| 2 | Viatris | 19.19 Bn | 18.30 Bn | 1.46 Bn | 248.30 Mn |
| 3 | Dr Reddys Laboratories | 9.85 Bn | 9.68 Bn | 396.53 Mn | 60.90 Mn |
| 4 | Amneal Pharmaceuticals | 5.52 Bn | 5.39 Bn | 334.51 Mn | 39.02 Mn |
| 5 | Bausch Health Companies | 2.38 Bn | 545.13 Mn | 2.10 Bn | 173.00 Mn |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | -21.86 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 14.75 Mn |
| 8 | Amphastar Pharmaceuticals | 992.46 Mn | 702.34 Mn | 93.47 Mn | 22.16 Mn |
| 9 | Fennec Pharmaceuticals | 409.53 Mn | 368.28 Mn | 17.15 Mn | 10.66 Mn |
| 10 | RedHill Biopharma | 179.80 Mn | 179.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 970.00 Mn |
| Mar 31, 2026 | 696.00 Mn |
| Dec 31, 2025 | 753.00 Mn |
| Sep 30, 2025 | 656.00 Mn |
| Jun 30, 2025 | 654.00 Mn |
| Mar 31, 2025 | 622.00 Mn |
| Dec 31, 2024 | 650.00 Mn |
| Sep 30, 2024 | 626.00 Mn |
| Jun 30, 2024 | 656.00 Mn |
| Mar 31, 2024 | 608.00 Mn |
| Dec 31, 2023 | 610.00 Mn |
| 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 | 539.00 Mn |
| Jun 30, 2022 | 594.00 Mn |
| Mar 31, 2022 | 584.00 Mn |
| Dec 31, 2021 | 631.00 Mn |
| Sep 30, 2021 | 597.00 Mn |