Highest R&D Spending

Name: Highest R&D Spending Dataset
Creator: Billiver
License: https://www.sec.gov/privacy#publicinfo

Companies ranked by total R&D expenditure, showing the largest absolute investments in innovation. Top 50 S&P 500 companies ranked by r&d spending.

Companies

$61.1B

Highest

$3.5B

Median

$8.4B

Average

Top 50 by R&D Spending

#	Company	Sector	R&D Spending
1	GOOGLAlphabet Inc.	Communication Services	$61.1B
2	METAMeta Platforms	Communication Services	$57.4B
3	AAPLApple Inc.	Information Technology	$34.5B
4	MSFTMicrosoft	Information Technology	$32.5B
5	MRKMerck & Co.	Health Care	$15.8B
6	INTCIntel	Information Technology	$13.8B
7	LLYLilly (Eli)	Health Care	$13.3B
8	AVGOBroadcom	Information Technology	$11.0B
9	PFEPfizer	Health Care	$10.4B
10	BMYBristol Myers Squibb	Health Care	$10.0B
11	FFord Motor Company	Consumer Discretionary	$9.4B
12	CSCOCisco	Information Technology	$9.3B
13	ABBVAbbVie	Health Care	$9.1B
14	QCOMQualcomm	Information Technology	$9.0B
15	IBMIBM	Information Technology	$8.3B
16	AMDAdvanced Micro Devices	Information Technology	$8.1B
17	AMGNAmgen	Health Care	$7.3B
18	TSLATesla, Inc.	Consumer Discretionary	$6.4B
19	CRMSalesforce	Information Technology	$6.0B
20	REGNRegeneron Pharmaceuticals	Health Care	$5.9B
21	GILDGilead Sciences	Health Care	$5.8B
22	VRTXVertex Pharmaceuticals	Health Care	$3.9B
23	MUMicron Technology	Information Technology	$3.8B
24	BABoeing	Industrials	$3.6B
25	AMATApplied Materials	Information Technology	$3.6B
26	UBERUber	Industrials	$3.4B
27	NFLXNetflix	Communication Services	$3.4B
28	MRNAModerna	Health Care	$3.1B
29	NOWServiceNow	Information Technology	$3.0B
30	ABTAbbott Laboratories	Health Care	$2.9B
31	INTUIntuit	Information Technology	$2.9B
32	XYZBlock, Inc.	Financials	$2.9B
33	RTXRTX Corporation	Industrials	$2.8B
34	TEAMAtlassian Corp	Information Technology	$2.7B
35	HPEHewlett Packard Enterprise	Information Technology	$2.5B
36	SNPSSynopsys	Information Technology	$2.5B
37	NXPINXP Semiconductors	Information Technology	$2.4B
38	ABNBAirbnb	Consumer Discretionary	$2.4B
39	DEDeere & Company	Industrials	$2.3B
40	MELIMERCADOLIBRE INC	Industrials	$2.3B
41	CATCaterpillar Inc.	Industrials	$2.1B
42	ONCBeOne Medicines Ltd.	Health Care	$2.1B
43	PGProcter & Gamble	Consumer Staples	$2.1B
44	TXNTexas Instruments	Information Technology	$2.1B
45	MRVLMarvell Technology, Inc.	Information Technology	$2.1B
46	BSXBoston Scientific	Health Care	$2.1B
47	INCYIncyte	Health Care	$2.1B
48	LMTLockheed Martin	Industrials	$2.0B
49	PANWPalo Alto Networks	Information Technology	$2.0B
50	SNOWSnowflake Inc.	Information Technology	$2.0B

Understanding R&D Spending

R&D spending represents the total amount a company invests in research and development activities. Large tech companies like Amazon, Alphabet, and Meta typically lead in absolute R&D spending, often exceeding $30 billion annually. High R&D investment can drive future growth but also increases near-term expenses.

R&D Spending = Total Research and Development Expense (Annual)

Data Quality Note

Rankings are based on SEC EDGAR filings. Companies with missing, unreliable, or extreme outlier values are excluded from this ranking.

Related Rankings

By Sector

Highest R&D Spending in Communication Services Highest R&D Spending in Consumer Discretionary Highest R&D Spending in Consumer Staples Highest R&D Spending in Energy

Global Rankings

Largest Companies by Revenue Most Profitable Companies Highest Profit Margin Highest Return on Equity Highest Return on Assets Lowest Debt-to-Equity Ratio

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