West Pharmaceutical Services (WST) Research & Development (2009 - 2026)

West Pharmaceutical Services' (WST) quarterly Research & Development came in at $15.8 million in Q1 2026, down 3.07% year-on-year from $16.3 million in Q1 2025, and down 27.52% quarter-over-quarter from $21.8 million in Q4 2025.

West Pharmaceutical Services (WST) Research & Development (2009 - 2026) Analysis & Trends

West Pharmaceutical Services has disclosed Research & Development across 18 years of filings, most recently posting $15.8 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $15.8 million, down 3.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $73.8 million (up 8.85% YoY), and the FY2025 annual result was $74.3 million, up 7.53% from the prior year.
  • Research & Development came in at $15.8 million for Q1 2026 at West Pharmaceutical Services, down from $21.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $21.8 million in Q4 2025 to a low of $13.6 million in Q3 2022.
  • The 5-year median for Research & Development is $16.5 million (2023), against an average of $16.8 million.
  • Across the five-year window, Research & Development advanced 20.59% in 2023 and decreased 7.39% in 2025, its largest moves.
  • West Pharmaceutical Services' Research & Development stood at $15.9 million in 2022, then grew by 15.72% to $18.4 million in 2023, then climbed by 0.54% to $18.5 million in 2024, then advanced by 17.84% to $21.8 million in 2025, then dropped by 27.52% to $15.8 million in 2026.
  • The last three Research & Development figures came in at $15.8 million (Q1 2026), $21.8 million (Q4 2025), and $17.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 361.90 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 249.00 Mn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn -
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 94.27 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 15.80 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 189.00 Mn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 42.50 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 98.66 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 139.00 Mn
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 15.80 Mn
Dec 31, 2025 21.80 Mn
Sep 30, 2025 17.10 Mn
Jun 30, 2025 19.10 Mn
Mar 31, 2025 16.30 Mn
Dec 31, 2024 18.50 Mn
Sep 30, 2024 15.50 Mn
Jun 30, 2024 17.50 Mn
Mar 31, 2024 17.60 Mn
Dec 31, 2023 18.40 Mn
Sep 30, 2023 16.40 Mn
Jun 30, 2023 16.50 Mn
Mar 31, 2023 17.10 Mn
Dec 31, 2022 15.90 Mn
Sep 30, 2022 13.60 Mn
Jun 30, 2022 14.40 Mn
Mar 31, 2022 14.60 Mn
Dec 31, 2021 13.70 Mn
Sep 30, 2021 13.10 Mn
Jun 30, 2021 13.80 Mn