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
DateValue
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