List of companies by research and development spending

Last updated

The following list sorts companies with the highest expenditures for research and development (R&D) for different years, mostly taken from the magazine Strategy+Business .

Contents

2022 top 20

The 20 companies with the highest research and development expenses in 2022. [1]

RankCompanyCountrySectorExpenditures on R&D
(billions of US$)
1 Nigatron Flag of the United States (23px).png  United States Software and Internet73.21
2 Alphabet Inc. Flag of the United States (23px).png  United States Software and Internet39.50
3 Meta Platforms, Inc. Flag of the United States (23px).png  United States Software and Internet35.34
4 Apple Flag of the United States (23px).png  United States Computing and Electronics27.65
5 Microsoft Flag of the United States (23px).png  United States Software and Internet26.63
6 Huawei Flag of the People's Republic of China.svg  China Computing and Electronics24.00
7 Volkswagen Group Flag of Germany.svg  Germany Automotive19.88
8 Samsung Electronics Flag of South Korea.svg  South Korea Computing and Electronics19.29
9 Intel Flag of the United States (23px).png  United States Computing and Electronics17.53
10 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care14.72
11 Johnson & Johnson Flag of the United States (23px).png  United States Health Care14.6
12 Merck & Co. Flag of the United States (23px).png  United States Health Care13.55
13 Pfizer Flag of the United States (23px).png  United States Health Care11.43
14 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care10
15 General Motors Flag of the United States (23px).png  United States Automotive9.8
16 AstraZeneca Flag of the United Kingdom.svg  United Kingdom/Flag of Sweden.svg  Sweden Health Care9.76
17 Bristol Myers Squibb Flag of the United States (23px).png  United States Health Care9.51
18 Tencent Flag of the People's Republic of China.svg  China Software and Internet9.12
19 Qualcomm Flag of the United States (23px).png  United States Computing and Electronics8.52
20 Alibaba Group Flag of the People's Republic of China.svg  China Software and Internet7.98

2020 top 10

The 10 companies with the highest research and development expenses in 2020. [2]

RankCompanyCountrySectorExpenditures on R&D
(billions of US$)
1 Amazon Flag of the United States (23px).png  United States Software and Internet42.74
2 Alphabet Inc. Flag of the United States (23px).png  United States Software and Internet27.57
3 Huawei Flag of the People's Republic of China.svg  China Computing and Electronics22.04
4 Microsoft Flag of the United States (23px).png  United States Software and Internet19.27
5 Apple Flag of the United States (23px).png  United States Computing and Electronics18.75
5 Samsung Electronics Flag of South Korea.svg  South Korea Computing and Electronics18.75
6 Facebook Flag of the United States (23px).png  United States Software and Internet18.45
7 Volkswagen Group Flag of Germany.svg  Germany Automotive
8 Intel Flag of the United States (23px).png  United States Computing and Electronics
9 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care
10 Johnson & Johnson Flag of the United States (23px).png  United States Health Care

2018 top 50

The 50 companies with the highest research and development expenses in 2018. [3]

RankCompanyCountrySectorExpenditures on R&D
(billions of US$)
1 Amazon Flag of the United States (23px).png  United States Software and Internet22.62
2 Alphabet Inc. Flag of the United States (23px).png  United States Software and Internet16.23
3 Volkswagen Group Flag of Germany.svg  Germany Automotive15.77
4 Samsung Electronics Flag of South Korea.svg  South Korea Computing and Electronics15.31
5 Microsoft Flag of the United States (23px).png  United States Software and Internet14.74
6 Huawei Flag of the People's Republic of China.svg  China Computing and Electronics13.60
7 Intel Flag of the United States (23px).png  United States Computing and Electronics13.10
8 Apple Inc. Flag of the United States (23px).png  United States Computing and Electronics11.58
9 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care10.80
10 Johnson & Johnson Flag of the United States (23px).png  United States Health Care10.55
11 Daimler AG Flag of Germany.svg  Germany Automotive10.40
12 Merck & Co. Flag of the United States (23px).png  United States Health Care10.21
13 Toyota Flag of Japan.svg  Japan Automotive10.02
14 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care8.51
15 Ford Flag of the United States (23px).png  United States Automotive8.00
16 Facebook Flag of the United States (23px).png  United States Software and Internet7.75
17 Pfizer Flag of the United States (23px).png  United States Health Care7.66
18 BMW Flag of Germany.svg  Germany Automotive7.33
19 General Motors Flag of the United States (23px).png  United States Automotive7.30
20 Robert Bosch GmbH Flag of Germany.svg  Germany Industrials7.12
21 Honda Flag of Japan.svg  Japan Automotive7.08
22 Sanofi Flag of France.svg  France Health Care6.57
23 Bayer Flag of Germany.svg  Germany Health Care6.19
24 Siemens Flag of Germany.svg  Germany Industrials6.10
25 Oracle Corporation Flag of the United States (23px).png  United States Software and Internet6.09
26 Cisco Flag of the United States (23px).png  United States Computing and Electronics6.06
27 GlaxoSmithKline Flag of the United Kingdom.svg  United Kingdom Health Care6.05
28 Bristol-Myers Squibb Flag of the United States (23px).png  United States Health Care5.96
29 Celgene Flag of the United States (23px).png  United States Health Care5.92
30 Nokia Flag of Finland.svg  Finland Computing and Electronics5.90
31 IBM Flag of the United States (23px).png  United States Computing and Electronics5.79
32 Qualcomm Flag of the United States (23px).png  United States Computing and Electronics5.47
33 AstraZeneca Flag of the United Kingdom.svg  United Kingdom/Flag of Sweden.svg  Sweden Health Care5.41
34 Eli Lilly and Company Flag of the United States (23px).png  United States Health Care5.28
35 Fiat Chrysler Automobiles Flag of Italy.svg  Italy/Flag of the United States (23px).png  United States Automotive5.14
36 AbbVie Flag of the United States (23px).png  United States Health Care4.98
37 General Electric Flag of the United States (23px).png  United States Industrials4.80
38 Dell Flag of the United States (23px).png  United States Computing and Electronics4.76
39 Ericsson Flag of Sweden.svg  Sweden Computing and Electronics4.63
40 Nissan Flag of Japan.svg  Japan Automotive4.62
41 Sony Flag of Japan.svg  Japan Computing and Electronics4.32
42 Panasonic Flag of Japan.svg  Japan Computing and Electronics4.23
43 Denso Flag of Japan.svg  Japan Automotive4.21
44 SAP SE Flag of Germany.svg  Germany Software and Internet4.03
45 Gilead Sciences Flag of the United States (23px).png  United States Health Care3.73
46 Continental AG Flag of Germany.svg  Germany Automotive3.73
47 Boehringer Ingelheim Flag of Germany.svg  Germany Health Care3.69
48 Alibaba Group Flag of the People's Republic of China.svg  China Software and Internet3.63
49 Amgen Flag of the United States (23px).png  United States Health Care3.56
50 Renault Flag of France.svg  France Automotive3.55

2017 top 20

The 20 companies with the highest research and development expenses in 2017 according to the Global Innovation 1000. [4]

RankCompanyCountrySectorExpenditures on R&D
(billions of US$)
1 Amazon Flag of the United States (23px).png  United States Software and Internet16.1
2 Alphabet Inc. Flag of the United States (23px).png  United States Software and Internet13.9
3 Intel Flag of the United States (23px).png  United States Computing and Electronics12.7
4 Samsung Flag of South Korea.svg  South Korea Computing and Electronics12.7
5 Volkswagen Group Flag of Germany.svg  Germany Automotive12.1
6 Microsoft Flag of the United States (23px).png  United States Software and Internet12.0
7 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care11.4
8 Merck & Co. Flag of the United States (23px).png  United States Health Care10.1
9 Apple Inc. Flag of the United States (23px).png  United States Computing and Electronics10.0
10 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care9.6
11 Toyota Flag of Japan.svg  Japan Automotive9.3
12 Johnson & Johnson Flag of the United States (23px).png  United States Health Care9.1
13 General Motors Flag of the United States (23px).png  United States Automotive8.1
14 Pfizer Flag of the United States (23px).png  United States Health Care7.9
15 Ford Flag of the United States (23px).png  United States Automotive7.3
16 Daimler AG Flag of Germany.svg  Germany Automotive6.9
17 Oracle Corporation Flag of the United States (23px).png  United States Software and Internet6.8
18 Cisco Flag of the United States (23px).png  United States Computing and Electronics6.3
19 Honda Flag of Japan.svg  Japan Automotive6.2
20 Facebook Flag of the United States (23px).png  United States Software and Internet5.9

2014 top 20

The 20 companies with the highest research and development expenses in 2014 according to the Global Innovation 1000. [5]

RankCompanyCountrySectorExpenditures on R&D
(billions of US$)
1 Volkswagen Group Flag of Germany.svg  Germany Automotive13.5
2 Samsung Flag of South Korea.svg  South Korea Computing and Electronics13.4
3 Intel Flag of the United States (23px).png  United States Computing and Electronics10.6
4 Microsoft Flag of the United States (23px).png  United States Software and Internet10.4
5 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care10.0
6 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care9.9
7 Toyota Flag of Japan.svg  Japan Automotive9.1
8 Johnson & Johnson Flag of the United States (23px).png  United States Health Care8.2
9 Google Flag of the United States (23px).png  United States Software and Internet8.0
10 Merck & Co. Flag of the United States (23px).png  United States Health Care7.5
11 General Motors Flag of the United States (23px).png  United States Automotive7.2
12 Daimler AG Flag of Germany.svg  Germany Automotive7.0
13 Pfizer Flag of the United States (23px).png  United States Health Care6.7
14 Amazon Flag of the United States (23px).png  United States Software and Internet6.4
15 Ford Flag of the United States (23px).png  United States Automotive6.4
16 Sanofi Flag of France.svg  France Health Care6.3
17 Honda Flag of Japan.svg  Japan Automotive6.3
18 IBM Flag of the United States (23px).png  United States Computing and Electronics6.2
19 GlaxoSmithKline Flag of the United Kingdom.svg  United Kingdom Health Care6.1
20 Cisco Flag of the United States (23px).png  United States Computing and Electronics5.9

2011 top 20

The 20 companies with the highest research and development expenses in 2011 according to the Global Innovation 1000. [6]

RankCompanyCountrySectorExpenditures on R&D
(millions of US$)
1 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care9,646
2 Pfizer Flag of the United States (23px).png  United States Health Care9,413
3 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care9,070
4 Microsoft Flag of the United States (23px).png  United States Software and Internet8,714
5 Merck & Co. Flag of the United States (23px).png  United States Health Care8,591
6 Toyota Flag of Japan.svg  Japan Automotive8,546
7 Samsung Flag of South Korea.svg  South Korea Computing and Electronics7,873
8 Nokia Flag of Finland.svg  Finland Computing and Electronics7,778
9 General Motors Flag of the United States (23px).png  United States Automotive6,962
10 Johnson & Johnson Flag of the United States (23px).png  United States Health Care6,844
11 Intel Flag of the United States (23px).png  United States Computing and Electronics6,576
12 Panasonic Flag of Japan.svg  Japan Computing and Electronics6,176
13 GlaxoSmithKline Flag of the United Kingdom.svg  United Kingdom Health Care6,127
14 Volkswagen Group Flag of Germany.svg  Germany Automotive6,086
15 IBM Flag of the United States (23px).png  United States Computing and Electronics6,026
16 Sanofi Flag of France.svg  France Health Care5,836
17 Honda Flag of Japan.svg  Japan Automotive5,704
18 AstraZeneca Flag of the United Kingdom.svg  United Kingdom Health Care5,318
19 Cisco Flag of the United States (23px).png  United States Computing and Electronics5,273
20 Siemens Flag of Germany.svg  Germany Industrials5,217

2008 top 20

The 20 companies with the highest research and development expenses in 2008 according to the Global Innovation 1000. [7]

RankCompanyCountrySectorExpenditures on R&D
(millions of US$)
1 Toyota Flag of Japan.svg  Japan Automotive8,386
2 General Motors Flag of the United States (23px).png  United States Automotive8,100
3 Pfizer Flag of the United States (23px).png  United States Health Care8,089
4 Nokia Flag of Finland.svg  Finland Computing and Electronics7,727
5 Johnson & Johnson Flag of the United States (23px).png  United States Health Care7,680
6 Ford Flag of the United States (23px).png  United States Automotive7,500
7 Microsoft Flag of the United States (23px).png  United States Software and Internet7,121
8 Roche Holding Flag of Switzerland (Pantone).svg  Switzerland Health Care6,985
9 Samsung Flag of South Korea.svg  South Korea Computing and Electronics6,536
10 GlaxoSmithKline Flag of the United Kingdom.svg  United Kingdom Health Care6,476
11 Novartis Flag of Switzerland (Pantone).svg  Switzerland Health Care6,430
12 Sanofi Flag of France.svg  France Health Care6,208
13 IBM Flag of the United States (23px).png  United States Computing and Electronics6,153
14 Intel Flag of the United States (23px).png  United States Computing and Electronics5,755
15 AstraZeneca Flag of the United Kingdom.svg  United Kingdom Health Care5,162
16 Honda Flag of Japan.svg  Japan Automotive5,142
17 Merck & Co. Flag of the United States (23px).png  United States Health Care4,883
18 Panasonic Flag of Japan.svg  Japan Computing and Electronics4,850
19 Volkswagen Group Flag of Germany.svg  Germany Automotive4,757
20 Sony Flag of Japan.svg  Japan Computing and Electronics4,553

References

  1. ↑ Intelligence, fDi. "Top 100 global innovation leaders". www.fdiintelligence.com. Retrieved 2024-06-16.
  2. ↑ Bajpai, Prableen. "Which Companies Spend the Most in Research and Development (R&D)?".
  3. ↑ Skillicorn, Nick (2019-08-28). "Top 1000 companies that spend the most on Research & Development (charts and analysis)". Idea to Value. Retrieved 2020-02-07.
  4. ↑ Chwalik, Barry Jaruzelski, Volker Staack, and Robert. "Will Stronger Borders Weaken Innovation?". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ↑ Goehle, Barry Jaruzelski, Volker Staack, and Brad. "The Global Innovation 1000: Proven Paths to Innovation Success". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. ↑ Holman, Barry Jaruzelski, John Loehr, and Richard. "The Global Innovation 1000: Why Culture Is Key". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ↑ Dehoff, Barry Jaruzelski and Kevin. "Beyond Borders: The Global Innovation 1000". strategy+business. Retrieved 2020-02-07.
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