Johnson & Johnson R&D remained flat by 0.0% to $27.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 94.1%, from $460.25M to $27.25M.
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
research_and_development| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $483.00M | $1.84B | $109.00M |
| YoY Change | — | — | — | +281.2% | -94.1% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Innovative Medicine | $2.55B | $2.87B | $2.94B | $3.47B | $2.81B |
| MEDTECH | $677.00M | $647.00M | $728.00M | $786.00M | $714.00M |
| Total | $27.25M | $27.25M | $27.25M | $27.25M | — |