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

Takeda Pharmaceutical (TKPHF) recorded quarterly Research & Development of -$1.2 billion in Q1 2026, down 9.38% quarter-over-quarter from -$1.1 billion in Q4 2025, and up 12.03% on a YoY basis from -$1.1 billion in Q1 2025.

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

Takeda Pharmaceutical's Research & Development history runs 10 years deep, the most recent figure standing at -$1.2 billion for Q1 2026.

  • In Q1 2026, Research & Development rose 12.03% year-over-year to -$1.2 billion; the TTM figure through Mar 2026 stood at -$4.5 billion (up 6.68% YoY), while the FY2026 annual figure was -$4.5 billion, up 6.33% from the prior year.
  • Research & Development was -$1.2 billion for Q1 2026 at Takeda Pharmaceutical, down from -$1.1 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.5 billion in Q1 2024 to a low of -$1.4 billion in Q1 2025.
  • Historically, Research & Development has averaged -$611.6 million across 5 years, with a median of -$1.2 billion in 2024.
  • The sharpest annual moves came in 2024 and 2025: Research & Development soared 793.43% in 2024, then plunged 116.6% in 2025.
  • A 5-year view of Research & Development shows it 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 dropped by 9.38% to -$1.2 billion in 2026.
  • The last three Research & Development figures came in at -$1.2 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 222.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 180.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 138.20 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 934,363.43
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 296.20 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 97.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 103.35 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 46.94 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 39.38 Mn
10 Takeda Pharmaceutical - - 4.39 Bn -1.25 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.25 Bn
Dec 31, 2025 -1.14 Bn
Sep 30, 2025 -1.10 Bn
Jun 30, 2025 -994.45 Mn
Mar 31, 2025 -1.42 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