British American Tobacco p.l.c annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
British American Tobacco p.l.c R&D Spending Growth & History (BATS)
British American Tobacco p.l.c's r&d spending was £358.0M for fiscal 2025.
View full British American Tobacco p.l.c company overviewBritish American Tobacco p.l.c annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £358.0M | −£22.0M | −5.79% |
| 2024 | 2024-12-31 | £380.0M | −£28.0M | −6.86% |
| 2023 | 2023-12-31 | £408.0M | £85.0M | +26.32% |
| 2022 | 2022-12-31 | £323.0M | £19.0M | +6.25% |
| 2021 | 2021-12-31 | £304.0M | −£3.0M | −0.98% |
| 2020 | 2020-12-31 | £307.0M | −£69.0M | −18.35% |
| 2019 | 2019-12-31 | £376.0M | £118.0M | +45.74% |
| 2018 | 2018-12-31 | £258.0M | £67.0M | +35.08% |
| 2017 | 2017-12-31 | £191.0M | £47.0M | +32.64% |
| 2016 | 2016-12-31 | £144.0M | £84.0M | +140.00% |
| 2015 | 2015-12-31 | £60.0M | — | — |
British American Tobacco p.l.c r&d spending trends
Over the last five fiscal years, British American Tobacco p.l.c's r&d spending increased from £307.0M to £358.0M, a change of £51.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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