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.

2020 top 10
The 10 companies with the highest research and development expenses in 2020.[1]

Expenditures on R&D
Rank Company Country Sector
(billions of US$)

1 Amazon  United States Software and Internet 42.74

2 Alphabet Inc.  United States Software and Internet 27.57

3 Huawei  China Computing and Electronics 22.04

4 Microsoft  United States Software and Internet 19.27

5 Apple  United States Computing and Electronics 18.75

5 Samsung Electronics  South Korea Computing and Electronics 18.75

6 Facebook  United States Software and Internet 18.45

7 Volkswagen Group  Germany Automotive

8 Intel  United States Computing and Electronics

9 Roche Holding  Switzerland Health Care

10 Johnson & Johnson  United States Health Care

2018 top 50
The 50 companies with the highest research and development expenses in 2018.[2]
 Expenditures on
Rank Company Country Sector R&D
(billions of US$)

1 Amazon  United States Software and Internet 22.62

2 Alphabet Inc.  United States Software and Internet 16.23

3 Volkswagen Group  Germany Automotive 15.77

Computing and
4 Samsung Electronics  South Korea 15.31
Electronics

5 Microsoft  United States Software and Internet 14.74

Computing and
6 Huawei  China 13.60
Electronics

Computing and
7 Intel  United States 13.10
Electronics

Computing and
8 Apple Inc.  United States 11.58
Electronics

9 Roche Holding  Switzerland Health Care 10.80

10 Johnson & Johnson  United States Health Care 10.55

11 Daimler AG  Germany Automotive 10.40

12 Merck & Co.  United States Health Care 10.21

13 Toyota  Japan Automotive 10.02

14 Novartis  Switzerland Health Care 8.51

15 Ford Motor Company  United States Automotive 8.00

16 Facebook, Inc.  United States Software and Internet 7.75

17 Pfizer  United States Health Care 7.66

18 BMW  Germany Automotive 7.33

19 General Motors  United States Automotive 7.30

20 Robert Bosch GmbH  Germany Industrials 7.12

21 Honda  Japan Automotive 7.08

22 Sanofi  France Health Care 6.57

23 Bayer  Germany Health Care 6.19

24 Siemens  Germany Industrials 6.10

25 Oracle Corporation  United States Software and Internet 6.09

Computing and
26 Cisco Systems  United States 6.06
Electronics

27 GlaxoSmithKline  United Kingdom Health Care 6.05

28 Bristol-Myers Squibb  United States Health Care 5.96

29 Celgene  United States Health Care 5.92

Computing and
30 Nokia  Finland 5.90
Electronics
 Computing and
31 IBM  United States 5.79
Electronics
Computing and
32 Qualcomm  United States 5.47
Electronics

 United Kingdom/
33 AstraZeneca Health Care 5.41
 Sweden

34 Eli Lilly and Company  United States Health Care 5.28

Fiat Chrysler
35  Italy/  United States Automotive 5.14
Automobiles

36 AbbVie Inc.  United States Health Care 4.98

37 General Electric  United States Industrials 4.80

Computing and
38 Dell  United States 4.76
Electronics

Computing and
39 Ericsson  Sweden 4.63
Electronics

40 Nissan  Japan Automotive 4.62

Computing and
41 Sony  Japan 4.32
Electronics

Computing and
42 Panasonic  Japan 4.23
Electronics

43 Denso  Japan Automotive 4.21

44 SAP SE  Germany Software and Internet 4.03

45 Gilead Sciences  United States Health Care 3.73

46 Continental AG  Germany Automotive 3.73

47 Boehringer Ingelheim  Germany Health Care 3.69

48 Alibaba Group  China Software and Internet 3.63

49 Amgen  United States Health Care 3.56

50 Renault  France Automotive 3.55

2017 top 20
The 20 companies with the highest research and development expenses in 2017 according to the Global
Innovation 1000.[3]
 Expenditures on R&D
Rank Company Country Sector
(billions of US$)

1 Amazon  United States Software and Internet 16.1

2 Alphabet Inc.  United States Software and Internet 13.9

3 Intel  United States Computing and Electronics 12.7

4 Samsung  South Korea Computing and Electronics 12.7

5 Volkswagen Group  Germany Automotive 12.1

6 Microsoft  United States Software and Internet 12.0

7 Roche Holding  Switzerland Health Care 11.4

8 Merck & Co.  United States Health Care 10.1

9 Apple Inc.  United States Computing and Electronics 10.0

10 Novartis  Switzerland Health Care 9.6

11 Toyota  Japan Automotive 9.3

12 Johnson & Johnson  United States Health Care 9.1

13 General Motors  United States Automotive 8.1

14 Pfizer  United States Health Care 7.9

15 Ford Motor Company  United States Automotive 7.3

16 Daimler AG  Germany Automotive 6.9

17 Oracle Corporation  United States Software and Internet 6.8

18 Cisco Systems  United States Computing and Electronics 6.3

19 Honda  Japan Automotive 6.2

20 Facebook, Inc.  United States 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.[4]
 Expenditures on R&D
Rank Company Country Sector
(billions of US$)

1 Volkswagen Group  Germany Automotive 13.5

2 Samsung  South Korea Computing and Electronics 13.4

3 Intel  United States Computing and Electronics 10.6

4 Microsoft  United States Software and Internet 10.4

5 Roche Holding  Switzerland Health Care 10.0

6 Novartis  Switzerland Health Care 9.9

7 Toyota  Japan Automotive 9.1

8 Johnson & Johnson  United States Health Care 8.2

9 Google  United States Software and Internet 8.0

10 Merck & Co.  United States Health Care 7.5

11 General Motors  United States Automotive 7.2

12 Daimler AG  Germany Automotive 7.0

13 Pfizer  United States Health Care 6.7

14 Amazon  United States Software and Internet 6.4

15 Ford Motor Company  United States Automotive 6.4

16 Sanofi Aventis  France Health Care 6.3

17 Honda  Japan Automotive 6.3

18 IBM  United States Computing and Electronics 6.2

19 GlaxoSmithKline  United Kingdom Health Care 6.1

20 Cisco Systems  United States 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.[5]
 Expenditures on R&D
Rank Company Country Sector
(millions of US$)

1 Roche Holding  Switzerland Health Care 9,646

2 Pfizer  United States Health Care 9,413

3 Novartis  Switzerland Health Care 9,070

4 Microsoft  United States Software and Internet 8,714

5 Merck & Co.  United States Health Care 8,591

6 Toyota  Japan Automotive 8,546

7 Samsung  South Korea Computing and Electronics 7,873

8 Nokia  Finland Computing and Electronics 7,778

9 General Motors  United States Automotive 6,962

10 Johnson & Johnson  United States Health Care 6,844

11 Intel  United States Computing and Electronics 6,576

12 Panasonic  Japan Computing and Electronics 6,176

13 GlaxoSmithKline  United Kingdom Health Care 6,127

14 Volkswagen Group  Germany Automotive 6,086

15 IBM  United States Computing and Electronics 6,026

16 Sanofi Aventis  France Health Care 5,836

17 Honda  Japan Automotive 5,704

18 AstraZeneca  United Kingdom Health Care 5,318

19 Cisco Systems  United States Computing and Electronics 5,273

20 Siemens  Germany Industrials 5,217

2008 top 20
The 20 companies with the highest research and development expenses in 2008 according to the Global
Innovation 1000.[6]
 Expenditures on R&D
Rank Company Country Sector
(millions of US$)

1 Toyota  Japan Automotive 8,386

2 General Motors  United States Automotive 8,100

3 Pfizer  United States Health Care 8,089

4 Nokia  Finland Computing and Electronics 7,727

5 Johnson & Johnson  United States Health Care 7,680

6 Ford Motor Company  United States Automotive 7,500

7 Microsoft  United States Software and Internet 7,121

8 Roche Holding  Switzerland Health Care 6,985

9 Samsung  South Korea Computing and Electronics 6,536

10 GlaxoSmithKline  United Kingdom Health Care 6,476

11 Novartis  Switzerland Health Care 6,430

12 Sanofi Aventis  France Health Care 6,208

13 IBM  United States Computing and Electronics 6,153

14 Intel  United States Computing and Electronics 5,755

15 AstraZeneca  United Kingdom Health Care 5,162

16 Honda  Japan Automotive 5,142

17 Merck & Co.  United States Health Care 4,883

18 Panasonic  Japan Computing and Electronics 4,850

19 Volkswagen Group  Germany Automotive 4,757

20 Sony  Japan Computing and Electronics 4,553

References
1. Bajpai, Prableen. "Which Companies Spend the Most in Research and Development
(R&D)?" (https://www.nasdaq.com/articles/which-companies-spend-the-most-in-research-an
d-development-rd-2021-06-21).
2. Skillicorn, Nick (2019-08-28). "Top 1000 companies that spend the most on Research &
Development (charts and analysis)" (https://www.ideatovalue.com/inno/nickskillicorn/2019/0
8/top-1000-companies-that-spend-the-most-on-research-development-charts-and-analysis/).
Idea to Value. Retrieved 2020-02-07.
3. Chwalik, Barry Jaruzelski, Volker Staack, and Robert. "Will Stronger Borders Weaken
Innovation?" (https://www.strategy-business.com/feature/Will-Stronger-Borders-Weaken-Inno
vation?gko=5d1cf). strategy+business. Retrieved 2020-02-07.
4. Goehle, Barry Jaruzelski, Volker Staack, and Brad. "The Global Innovation 1000: Proven
Paths to Innovation Success" (https://www.strategy-business.com/article/00295?gko=8a0a
5). strategy+business. Retrieved 2020-02-07.
5. Holman, Barry Jaruzelski, John Loehr, and Richard. "The Global Innovation 1000: Why
Culture Is Key" (https://www.strategy-business.com/article/11404?gko=62080).
strategy+business. Retrieved 2020-02-07.
 6. Dehoff, Barry Jaruzelski and Kevin. "Beyond Borders: The Global Innovation 1000" (https://w
ww.strategy-business.com/article/08405?gko=a47fe). strategy+business. Retrieved
2020-02-07.

Retrieved from "https://en.wikipedia.org/w/index.php?

title=List_of_companies_by_research_and_development_spending&oldid=1092301851"