R&D expense · 2020–2025

Unilever R&D expense

$945M−2.2% · FY2025

Unilever (UL) reported $945M in R&D expense for fiscal 2025, −2.2% year on year.

$914M2020$1.0B2021$956M2022$922M2023$965M2024$945M2025
Unilever — R&D expense, 2020–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$945M−2.2%Open →
FY20242024-12-31$965M+4.7%Open →
FY20232023-12-31$922M−3.5%Open →
FY20222022-12-31$956M−4.6%Open →
FY20212021-12-31$1.0B+9.6%Open →
FY20202020-12-31$914M—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 · 2020–2025 compound annual growth +0.7%

Figures are reported under IFRS in EUR and converted to US dollars at ECB reference rates — fiscal 2025 average 0.885 EUR/$ for income items, year-end 0.851 EUR/$ 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=Unilever R&D expense |url=https://companiesranked.com/en/company/unilever/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

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

BibTeX

@misc{companiesranked-en-company-unilever-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Unilever R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/unilever/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 · 0000217410-26-000007 · March 12, 2026

{{cite web |title=Unilever R&D expense — 20-F (0000217410-26-000007) |url=https://www.sec.gov/Archives/edgar/data/217410/000021741026000007/ul-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-12}}

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