Taiwan Semiconductor Manufacturing (TSM) Research & Development (2009 - 2026)
Taiwan Semiconductor Manufacturing's Research & Development was $2.31 billion in the quarter ended Jun 30, 2026, up 16.3% from $1.99 billion a year earlier and up 7.9% from the prior quarter.
Taiwan Semiconductor Manufacturing (TSM) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Taiwan Semiconductor Manufacturing's Research & Development was $8.68 billion through Jun 30, 2026, up 21.9% year-over-year; for the year ended Dec 31, 2025, it came in at $7.86 billion, up 26.2% from the prior year.
- Research & Development has now increased for seven consecutive years, with a five-year compound annual growth rate of 15.0% (years ended Dec 2020 to Dec 2025).
- In earlier years, Research & Development was $6.23 billion in the year ended Dec 31, 2024 (+4.6%), $5.96 billion in the year ended Dec 31, 2023 (+12.1%), $5.31 billion in the year ended Dec 31, 2022 (+18.2%) and $4.5 billion in the year ended Dec 31, 2021 (+15.3%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Research & Development in data going back to the quarter ended Mar 31, 2009.
- Compared with a year earlier, Research & Development has increased for 13 straight quarters, with growth averaging 19.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Research & Development ranged from 0.0% (the quarter ended Mar 31, 2023) to 33.7% (the quarter ended Jun 30, 2025).
- Per Business Quant data, TSM's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $2.14 billion (quarter ended Mar 31, 2026), $2.09 billion (quarter ended Dec 31, 2025) and $2.13 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | -838.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.31 Bn |
| Mar 31, 2026 | 2.14 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 2.13 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 1.72 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.64 Bn |
| Jun 30, 2024 | 1.49 Bn |
| Mar 31, 2024 | 1.47 Bn |
| Dec 31, 2023 | 1.59 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 1.36 Bn |
| Mar 31, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.42 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.35 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.16 Bn |
| Sep 30, 2021 | 1.11 Bn |
Taiwan Semiconductor Manufacturing Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();