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Johnson & Johnson (JNJ) R&D spending by quarter

Johnson & Johnson's R&D spending was $4.7B in Q3 2026 (third quarter 2026), +27% from Q2 2026. Over the last 5 quarters it ranged from $3.5B (Q2 2025) to $4.7B (Q3 2026).

Johnson & Johnson R&D spending by quarterJohnson & Johnson R&D spending by quarter$3.5BQ2 2025$4.3BQ4 2025$3.5BQ1 2026$3.7BQ2 2026$4.7BQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$4.7B+27%—
Q2 2026$3.7B+4%+4%
Q1 2026$3.5B-17%—
Q4 2025$4.3B+21%—
Q2 2025$3.5B——

Q3 2026 at a glance

Johnson & Johnson, Q3 2026: revenue $25.4B (+6% year over year), operating margin 0.1%, net earnings $210M, operating cash flow $7.7B. The chart follows the revenue to costs, profit and cash.

Questions

What is Johnson & Johnson's R&D spending?

Johnson & Johnson's R&D spending was $4.7B in Q3 2026 (third quarter 2026), +27% from Q2 2026.

How has Johnson & Johnson's R&D spending changed?

Over the last 5 quarters it ranged from $3.5B (Q2 2025) to $4.7B (Q3 2026).

Q3 2026 results → · How Johnson & Johnson makes money →