R&D expense · 2011–2025

Hershey R&D expense

$61.7M+10.5% · FY2025

Hershey (HSY) reported $61.7M in R&D expense for fiscal 2025, +10.5% year on year.

$33.2M2011$39.0M2012$47.6M2013$47.6M2014$49.3M2015$47.3M2016$45.9M2017$38.5M2018$37.1M2019$37.6M2020$40.1M2021$46.9M2022$50.0M2023$55.8M2024$61.7M2025
Hershey — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$61.7M+10.5%Open →
FY20242024-12-31$55.8M+11.5%Open →
FY20232023-12-31$50.0M+6.6%Open →
FY20222022-12-31$46.9M+17.0%Open →
FY20212021-12-31$40.1M+6.7%Open →
FY20202020-12-31$37.6M+1.2%Open →
FY20192019-12-31$37.1M−3.6%Open →
FY20182018-12-31$38.5M−16.0%Open →
FY20172017-12-31$45.9M−3.0%Open →
FY20162016-12-31$47.3M−4.1%Open →
FY20152015-12-31$49.3M+3.6%Open →
FY20142014-12-31$47.6M−0.2%Open →
FY20132013-12-31$47.6M+22.3%Open →
FY20122012-12-31$39.0M+17.3%Open →
FY20112011-12-31$33.2M—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 · 2011–2025 compound annual growth +4.5%

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=Hershey R&D expense |url=https://companiesranked.com/en/company/hershey/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

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

BibTeX

@misc{companiesranked-en-company-hershey-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Hershey R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/hershey/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: 10-K · 0001628280-26-008586 · February 17, 2026

{{cite web |title=Hershey R&D expense — 10-K (0001628280-26-008586) |url=https://www.sec.gov/Archives/edgar/data/47111/000162828026008586/hsy-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-17}}

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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