Operating Expenses

R&D

Regeneron Pharmaceuticals R&D decreased by 5.1% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $1.33B to $1.54B. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 19.1% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

High spending signals a commitment to future growth and innovation, though it reduces current period earnings.

Detailed definition

Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...

Peer comparison

Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.

Metric ID: is_research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$714.20M$665.40M$785.60M$843.80M$794.30M$911.30M$1.04B$1.10B$1.09B$1.08B$1.18B$1.25B$1.20B$1.27B$1.41B$1.33B$1.42B$1.48B$1.63B$1.54B
QoQ Change-6.8%+18.1%+7.4%-5.9%+14.7%+14.5%+5.6%-1.4%-0.9%+9.5%+6.0%-3.9%+6.0%+11.1%-6.0%+7.1%+3.7%+10.2%-5.1%
YoY Change+11.2%+37.0%+32.8%+30.5%+36.6%+18.0%+12.9%+13.4%+10.6%+18.2%+20.0%+6.3%+18.5%+16.0%+15.2%+16.3%
Range$665.40M$1.63B
CAGR+17.6%
Avg YoY Growth+19.6%
Median YoY Growth+17.1%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$1.33B$1.42B$1.48B$1.63B$1.54B
Total$1.33B$1.42B$1.48B$1.63B$1.54B

Frequently Asked Questions

What is Regeneron Pharmaceuticals's r&d?
Regeneron Pharmaceuticals (REGN) reported r&d of $1.54B in Q1 2026.
How has Regeneron Pharmaceuticals's r&d changed year-over-year?
Regeneron Pharmaceuticals's r&d increased by 16.3% year-over-year, from $1.33B to $1.54B.
What is the long-term trend for Regeneron Pharmaceuticals's r&d?
Over 4 years (2021 to 2025), Regeneron Pharmaceuticals's r&d has grown at a 19.1% compound annual growth rate (CAGR), from $2.91B to $5.85B.
What does r&d mean?
The money spent on creating new technology and improving existing products.