Discontinued — last reported Q4 '25
Johnson & Johnson R&D increased by 4.4% to $3.67B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 25.8%, from $4.95B to $3.67B. Over 2 years (FY 2021 to FY 2024), R&D shows an upward trend with a 19.0% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
High spending signals a focus on long-term innovation, though it reduces current-period net income.
Detailed definition
Expenses related to the innovation, design, and improvement of products and services. In the technology sector, this rep...
Peer comparison
Big Tech firms often reinvest a significant percentage of revenue into R&D to maintain market leadership.
Metric ID:
is_research_and_developmentHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.18B | $3.39B | $3.42B | $3.84B | $3.46B | $3.70B | $3.60B | $3.56B | $3.45B | $3.54B | $3.44B | $4.95B | $5.30B | $3.23B | $3.52B | $3.67B |
| QoQ Change | — | +6.8% | +0.8% | +12.2% | -9.9% | +7.0% | -2.9% | -0.9% | -3.3% | +2.8% | -2.9% | +44.0% | +7.0% | -39.1% | +9.0% | +4.4% |
| YoY Change | — | — | — | — | +8.9% | +9.1% | +5.1% | +2.9% | -6.9% | — | -3.5% | +43.7% | — | -8.9% | +2.2% | -25.8% |
Range$3.18B – $5.30B
CAGR+3.9%
Avg YoY Growth+2.7%
Median YoY Growth+2.6%
Current Streak2 quarters growth
R&D at Other Companies
Frequently Asked Questions
- What is Johnson & Johnson's r&d?
- Johnson & Johnson (JNJ) reported r&d of $3.67B in Q3 2025.
- How has Johnson & Johnson's r&d changed year-over-year?
- Johnson & Johnson's r&d decreased by 25.8% year-over-year, from $4.95B to $3.67B.
- What is the long-term trend for Johnson & Johnson's r&d?
- Over 2 years (2021 to 2024), Johnson & Johnson's r&d has grown at a 19.0% compound annual growth rate (CAGR), from $12.16B to $17.23B.
- What does r&d mean?
- Money spent on developing new products and improving existing ones.