List of companies by research and development spending
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.
2022 top 20
The 20 companies with the highest research and development expenses in 2022.[1]
Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
---|---|---|---|---|
1 | Amazon | ![]() | Software and Internet | 73.21 |
2 | Alphabet Inc. | ![]() | Software and Internet | 39.50 |
3 | Facebook (Meta) | ![]() | Software and Internet | 35.34 |
4 | Apple | ![]() | Computing and Electronics | 27.65 |
5 | Microsoft | ![]() | Software and Internet | 26.63 |
6 | Huawei | ![]() | Computing and Electronics | 24.00 |
7 | Volkswagen Group | ![]() | Automotive | 19.88 |
8 | Samsung Electronics | ![]() | Computing and Electronics | 19.29 |
9 | Intel | ![]() | Computing and Electronics | 17.53 |
10 | Roche Holding | ![]() | Health Care | 14.72 |
11 | Johnson & Johnson | ![]() | Health Care | 14.6 |
12 | Merck & Co. | ![]() | Health Care | 13.55 |
13 | Pfizer | ![]() | Health Care | 11.43 |
14 | Novartis | ![]() | Health Care | 10 |
15 | General Motors | ![]() | Automotive | 9.8 |
16 | AstraZeneca | ![]() ![]() | Health Care | 9.76 |
17 | Bristol Myers Squibb | ![]() | Health Care | 9.51 |
18 | Tencent | ![]() | Software and Internet | 9.12 |
19 | Qualcomm | ![]() | Computing and Electronics | 8.52 |
20 | Alibaba Group | ![]() | Software and Internet | 7.98 |
2020 top 10
The 10 companies with the highest research and development expenses in 2020.[2]
Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
---|---|---|---|---|
1 | Amazon | ![]() | Software and Internet | 42.74 |
2 | Alphabet Inc. | ![]() | Software and Internet | 27.57 |
3 | Huawei | ![]() | Computing and Electronics | 22.04 |
4 | Microsoft | ![]() | Software and Internet | 19.27 |
5 | Apple | ![]() | Computing and Electronics | 18.75 |
5 | Samsung Electronics | ![]() | Computing and Electronics | 18.75 |
6 | ![]() | Software and Internet | 18.45 | |
7 | Volkswagen Group | ![]() | Automotive | |
8 | Intel | ![]() | Computing and Electronics | |
9 | Roche Holding | ![]() | Health Care | |
10 | Johnson & Johnson | ![]() | Health Care |
2018 top 50
The 50 companies with the highest research and development expenses in 2018.[3]
Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
---|---|---|---|---|
1 | Amazon | ![]() | Software and Internet | 22.62 |
2 | Alphabet Inc. | ![]() | Software and Internet | 16.23 |
3 | Volkswagen Group | ![]() | Automotive | 15.77 |
4 | Samsung Electronics | ![]() | Computing and Electronics | 15.31 |
5 | Microsoft | ![]() | Software and Internet | 14.74 |
6 | Huawei | ![]() | Computing and Electronics | 13.60 |
7 | Intel | ![]() | Computing and Electronics | 13.10 |
8 | Apple Inc. | ![]() | Computing and Electronics | 11.58 |
9 | Roche Holding | ![]() | Health Care | 10.80 |
10 | Johnson & Johnson | ![]() | Health Care | 10.55 |
11 | Daimler AG | ![]() | Automotive | 10.40 |
12 | Merck & Co. | ![]() | Health Care | 10.21 |
13 | Toyota | ![]() | Automotive | 10.02 |
14 | Novartis | ![]() | Health Care | 8.51 |
15 | Ford Motor Company | ![]() | Automotive | 8.00 |
16 | Facebook, Inc. | ![]() | Software and Internet | 7.75 |
17 | Pfizer | ![]() | Health Care | 7.66 |
18 | BMW | ![]() | Automotive | 7.33 |
19 | General Motors | ![]() | Automotive | 7.30 |
20 | Robert Bosch GmbH | ![]() | Industrials | 7.12 |
21 | Honda | ![]() | Automotive | 7.08 |
22 | Sanofi | ![]() | Health Care | 6.57 |
23 | Bayer | ![]() | Health Care | 6.19 |
24 | Siemens | ![]() | Industrials | 6.10 |
25 | Oracle Corporation | ![]() | Software and Internet | 6.09 |
26 | Cisco Systems | ![]() | Computing and Electronics | 6.06 |
27 | GlaxoSmithKline | ![]() | Health Care | 6.05 |
28 | Bristol-Myers Squibb | ![]() | Health Care | 5.96 |
29 | Celgene | ![]() | Health Care | 5.92 |
30 | Nokia | ![]() | Computing and Electronics | 5.90 |
31 | IBM | ![]() | Computing and Electronics | 5.79 |
32 | Qualcomm | ![]() | Computing and Electronics | 5.47 |
33 | AstraZeneca | ![]() ![]() | Health Care | 5.41 |
34 | Eli Lilly and Company | ![]() | Health Care | 5.28 |
35 | Fiat Chrysler Automobiles | ![]() ![]() | Automotive | 5.14 |
36 | AbbVie Inc. | ![]() | Health Care | 4.98 |
37 | General Electric | ![]() | Industrials | 4.80 |
38 | Dell | ![]() | Computing and Electronics | 4.76 |
39 | Ericsson | ![]() | Computing and Electronics | 4.63 |
40 | Nissan | ![]() | Automotive | 4.62 |
41 | Sony | ![]() | Computing and Electronics | 4.32 |
42 | Panasonic | ![]() | Computing and Electronics | 4.23 |
43 | Denso | ![]() | Automotive | 4.21 |
44 | SAP SE | ![]() | Software and Internet | 4.03 |
45 | Gilead Sciences | ![]() | Health Care | 3.73 |
46 | Continental AG | ![]() | Automotive | 3.73 |
47 | Boehringer Ingelheim | ![]() | Health Care | 3.69 |
48 | Alibaba Group | ![]() | Software and Internet | 3.63 |
49 | Amgen | ![]() | Health Care | 3.56 |
50 | Renault | ![]() | Automotive | 3.55 |
2017 top 20
The 20 companies with the highest research and development expenses in 2017 according to the Global Innovation 1000.[4]
Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
---|---|---|---|---|
1 | Amazon | ![]() | Software and Internet | 16.1 |
2 | Alphabet Inc. | ![]() | Software and Internet | 13.9 |
3 | Intel | ![]() | Computing and Electronics | 12.7 |
4 | Samsung | ![]() | Computing and Electronics | 12.7 |
5 | Volkswagen Group | ![]() | Automotive | 12.1 |
6 | Microsoft | ![]() | Software and Internet | 12.0 |
7 | Roche Holding | ![]() | Health Care | 11.4 |
8 | Merck & Co. | ![]() | Health Care | 10.1 |
9 | Apple Inc. | ![]() | Computing and Electronics | 10.0 |
10 | Novartis | ![]() | Health Care | 9.6 |
11 | Toyota | ![]() | Automotive | 9.3 |
12 | Johnson & Johnson | ![]() | Health Care | 9.1 |
13 | General Motors | ![]() | Automotive | 8.1 |
14 | Pfizer | ![]() | Health Care | 7.9 |
15 | Ford Motor Company | ![]() | Automotive | 7.3 |
16 | Daimler AG | ![]() | Automotive | 6.9 |
17 | Oracle Corporation | ![]() | Software and Internet | 6.8 |
18 | Cisco Systems | ![]() | Computing and Electronics | 6.3 |
19 | Honda | ![]() | Automotive | 6.2 |
20 | Facebook, Inc. | ![]() | Software and Internet | 5.9 |
2014 top 20
The 20 companies with the highest research and development expenses in 2014 according to the Global Innovation 1000.[5]
Rank | Company | Country | Sector | Expenditures on R&D (billions of US$) |
---|---|---|---|---|
1 | Volkswagen Group | ![]() | Automotive | 13.5 |
2 | Samsung | ![]() | Computing and Electronics | 13.4 |
3 | Intel | ![]() | Computing and Electronics | 10.6 |
4 | Microsoft | ![]() | Software and Internet | 10.4 |
5 | Roche Holding | ![]() | Health Care | 10.0 |
6 | Novartis | ![]() | Health Care | 9.9 |
7 | Toyota | ![]() | Automotive | 9.1 |
8 | Johnson & Johnson | ![]() | Health Care | 8.2 |
9 | ![]() | Software and Internet | 8.0 | |
10 | Merck & Co. | ![]() | Health Care | 7.5 |
11 | General Motors | ![]() | Automotive | 7.2 |
12 | Daimler AG | ![]() | Automotive | 7.0 |
13 | Pfizer | ![]() | Health Care | 6.7 |
14 | Amazon | ![]() | Software and Internet | 6.4 |
15 | Ford Motor Company | ![]() | Automotive | 6.4 |
16 | Sanofi Aventis | ![]() | Health Care | 6.3 |
17 | Honda | ![]() | Automotive | 6.3 |
18 | IBM | ![]() | Computing and Electronics | 6.2 |
19 | GlaxoSmithKline | ![]() | Health Care | 6.1 |
20 | Cisco Systems | ![]() | Computing and Electronics | 5.9 |
2011 top 20
The 20 companies with the highest research and development expenses in 2011 according to the Global Innovation 1000.[6]
Rank | Company | Country | Sector | Expenditures on R&D (millions of US$) |
---|---|---|---|---|
1 | Roche Holding | ![]() | Health Care | 9,646 |
2 | Pfizer | ![]() | Health Care | 9,413 |
3 | Novartis | ![]() | Health Care | 9,070 |
4 | Microsoft | ![]() | Software and Internet | 8,714 |
5 | Merck & Co. | ![]() | Health Care | 8,591 |
6 | Toyota | ![]() | Automotive | 8,546 |
7 | Samsung | ![]() | Computing and Electronics | 7,873 |
8 | Nokia | ![]() | Computing and Electronics | 7,778 |
9 | General Motors | ![]() | Automotive | 6,962 |
10 | Johnson & Johnson | ![]() | Health Care | 6,844 |
11 | Intel | ![]() | Computing and Electronics | 6,576 |
12 | Panasonic | ![]() | Computing and Electronics | 6,176 |
13 | GlaxoSmithKline | ![]() | Health Care | 6,127 |
14 | Volkswagen Group | ![]() | Automotive | 6,086 |
15 | IBM | ![]() | Computing and Electronics | 6,026 |
16 | Sanofi Aventis | ![]() | Health Care | 5,836 |
17 | Honda | ![]() | Automotive | 5,704 |
18 | AstraZeneca | ![]() | Health Care | 5,318 |
19 | Cisco Systems | ![]() | Computing and Electronics | 5,273 |
20 | Siemens | ![]() | Industrials | 5,217 |
2008 top 20
The 20 companies with the highest research and development expenses in 2008 according to the Global Innovation 1000.[7]
Rank | Company | Country | Sector | Expenditures on R&D (millions of US$) |
---|---|---|---|---|
1 | Toyota | ![]() | Automotive | 8,386 |
2 | General Motors | ![]() | Automotive | 8,100 |
3 | Pfizer | ![]() | Health Care | 8,089 |
4 | Nokia | ![]() | Computing and Electronics | 7,727 |
5 | Johnson & Johnson | ![]() | Health Care | 7,680 |
6 | Ford Motor Company | ![]() | Automotive | 7,500 |
7 | Microsoft | ![]() | Software and Internet | 7,121 |
8 | Roche Holding | ![]() | Health Care | 6,985 |
9 | Samsung | ![]() | Computing and Electronics | 6,536 |
10 | GlaxoSmithKline | ![]() | Health Care | 6,476 |
11 | Novartis | ![]() | Health Care | 6,430 |
12 | Sanofi Aventis | ![]() | Health Care | 6,208 |
13 | IBM | ![]() | Computing and Electronics | 6,153 |
14 | Intel | ![]() | Computing and Electronics | 5,755 |
15 | AstraZeneca | ![]() | Health Care | 5,162 |
16 | Honda | ![]() | Automotive | 5,142 |
17 | Merck & Co. | ![]() | Health Care | 4,883 |
18 | Panasonic | ![]() | Computing and Electronics | 4,850 |
19 | Volkswagen Group | ![]() | Automotive | 4,757 |
20 | Sony | ![]() | Computing and Electronics | 4,553 |
References
- ^ Intelligence, fDi. "Top 100 global innovation leaders". www.fdiintelligence.com. Retrieved 2024-06-16.
- ^ Bajpai, Prableen. "Which Companies Spend the Most in Research and Development (R&D)?".
- ^ 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.
- ^ 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) - ^ 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) - ^ 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) - ^ Dehoff, Barry Jaruzelski and Kevin. "Beyond Borders: The Global Innovation 1000". strategy+business. Retrieved 2020-02-07.