R&D expense · 2014–2025
HUTCHMED (China) R&D expense
$148M−30.1% · FY2025
HUTCHMED (China) (HCM) reported $148M in R&D expense for fiscal 2025, −30.1% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $148M | −30.1% | Open → |
| FY20242024-12-31 | $212M | −29.8% | Open → |
| FY20232023-12-31 | $302M | −21.9% | Open → |
| FY20222022-12-31 | $387M | +29.4% | Open → |
| FY20212021-12-31 | $299M | +71.1% | Open → |
| FY20202020-12-31 | $175M | +26.5% | Open → |
| FY20192019-12-31 | $138M | +21.0% | Open → |
| FY20182018-12-31 | $114M | +51.2% | Open → |
| FY20172017-12-31 | $75.5M | +12.9% | Open → |
| FY20162016-12-31 | $66.9M | +41.2% | Open → |
| FY20152015-12-31 | $47.4M | +58.3% | Open → |
| FY20142014-12-31 | $29.9M | — | 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 · 2014–2025 compound annual growth +15.7%
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=HUTCHMED (China) R&D expense |url=https://companiesranked.com/en/company/hutchmed-china/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). HUTCHMED (China) R&D expense. CompaniesRanked. https://companiesranked.com/en/company/hutchmed-china/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-hutchmed-china-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{HUTCHMED (China) R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/hutchmed-china/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 · 0001104659-26-023822 · March 5, 2026
{{cite web |title=HUTCHMED (China) R&D expense — 20-F (0001104659-26-023822) |url=https://www.sec.gov/Archives/edgar/data/1648257/000110465926023822/hcm-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-05}}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.