Taiwan Semiconductor Manufacturing (TSM) Research & Development (2009 - 2026)
Taiwan Semiconductor Manufacturing's Research & Development was $2.31 billion in Q2 2026, up 16.3% from $1.99 billion a year earlier and up 7.9% from the prior quarter.
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Analysis
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 FY2025, it came in at $7.86 billion, up 26.2% from FY2024.
- Research & Development has now increased for 16 consecutive years, with a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In earlier years, Research & Development was $6.23 billion in FY2024 (+4.6%), $5.96 billion in FY2023 (+12.1%), $5.31 billion in FY2022 (+18.2%) and $4.5 billion in FY2021 (+15.3%).
- The Q2 2026 figure marks the highest quarterly Research & Development in data going back to Q1 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% (Q1 2023) to 33.7% (Q2 2025).
- Per Business Quant data, TSM's Research & Development in the three quarters before Q2 2026 was $2.14 billion (Q1 2026), $2.09 billion (Q4 2025) and $2.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 2.78 Bn |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 7.05 Bn |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 2.90 Bn |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 1.91 Bn |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 2.80 Bn |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 3.49 Bn |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | 1.13 Bn |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 666.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.78 Bn |
| 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 |
API Access
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();