February 15: Who Spends the Most on R&D? Amazon.
Corporations across all industries depend on research and development to stay competitive and successful.
Source: Investopedia
Published: December 2021
Who Spends the Most on R&D? Amazon.
Corporations across all industries depend on research and development (R&D) to stay competitive and successful.
R&D departments focus on the innovation required to produce new products and services, as well as improve their current offerings.
Below are the companies who invested the most capital into R&D in 2018.
Companies with the highest R&D spending, 2018*
Amazon (technology): $22.6 billion
Alphabet (technology): $16.2 billion
Volkswagen (automotive): $15.8 billion
Samsung (conglomerate) : $15.3 billion
Intel (technology): $13.1 billion
Microsoft (technology): $12.3 billion
Apple (technology): $11.6 billion
Roche (pharmaceuticals): $10.8 billion
Johnson & Johnson (pharmaceuticals): $10.6 billion
Merck (pharmaceutical): $10.2 billion
*most recent data
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Please note that NASDAQ published a paper based on company filings in 2021. The rankings are what you have but the spending is much higher for some
https://www.nasdaq.com/articles/which-companies-spend-the-most-in-research-and-development-rd-2021-06-21
Would be interesting to see this figure as a % of Operating Income, to understand the quantum of investment. This will show long term thinking - Who is re-investing current profits for better future, basically ...