R&D expense · 2015–2025

GSK R&D expense

$9.9B+21.3% · FY2025

GSK (GSK) reported $9.9B in R&D expense for fiscal 2025, +21.3% year on year.

$5.4B2015$4.9B2016$5.8B2017$5.2B2018$5.8B2019$6.2B2020$6.9B2021$6.8B2022$7.7B2023$8.2B2024$9.9B2025
GSK — R&D expense, 2015–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$9.9B+21.3%Open →
FY20242024-12-31$8.2B+5.8%Open →
FY20232023-12-31$7.7B+14.2%Open →
FY20222022-12-31$6.8B−1.9%Open →
FY20212021-12-31$6.9B+12.2%Open →
FY20202020-12-31$6.2B+5.6%Open →
FY20192019-12-31$5.8B+12.1%Open →
FY20182018-12-31$5.2B−9.9%Open →
FY20172017-12-31$5.8B+17.7%Open →
FY20162016-12-31$4.9B−9.9%Open →
FY20152015-12-31$5.4B—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +6.2%

Figures are reported under IFRS in GBP and converted to US dollars at ECB reference rates — fiscal 2025 average 0.758 GBP/$ for income items, year-end 0.743 GBP/$ for balance-sheet items.

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=GSK R&D expense |url=https://companiesranked.com/en/company/gsk/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). GSK R&D expense. CompaniesRanked. https://companiesranked.com/en/company/gsk/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-gsk-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{GSK R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/gsk/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001131399-26-000004 · March 6, 2026

{{cite web |title=GSK R&D expense — 20-F (0001131399-26-000004) |url=https://www.sec.gov/Archives/edgar/data/1131399/000113139926000004/gsk-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-06}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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