Eli Lilly & annual r&d spending
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Eli Lilly & R&D Spending Growth & History (LLY)
Eli Lilly &'s r&d spending was $13.34B for fiscal 2025.
View full Eli Lilly & company overviewEli Lilly & annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.34B | $2.35B | +21.34% |
| 2024 | 2024-12-31 | $10.99B | $1.68B | +18.02% |
| 2023 | 2023-12-31 | $9.31B | $2.12B | +29.51% |
| 2022 | 2022-12-31 | $7.19B | $260.1M | +3.75% |
| 2021 | 2021-12-31 | $6.93B | $954.4M | +15.97% |
| 2020 | 2020-12-31 | $5.98B | $381.3M | +6.82% |
| 2019 | 2019-12-31 | $5.59B | $543.8M | +10.77% |
| 2018 | 2018-12-31 | $5.05B | −$45.0M | −0.88% |
| 2017 | 2017-12-31 | $5.10B | −$214.1M | −4.03% |
| 2016 | 2016-12-31 | $5.31B | $513.9M | +10.71% |
| 2015 | 2015-12-31 | $4.80B | $62.8M | +1.33% |
| 2014 | 2014-12-31 | $4.73B | −$797.7M | −14.42% |
| 2013 | 2013-12-31 | $5.53B | $253.2M | +4.80% |
| 2012 | 2012-12-31 | $5.28B | $257.3M | +5.12% |
| 2011 | 2011-12-31 | $5.02B | $136.6M | +2.80% |
| 2010 | 2010-12-31 | $4.88B | $557.7M | +12.89% |
| 2009 | 2009-12-31 | $4.33B | $485.6M | +12.64% |
| 2008 | 2008-12-31 | $3.84B | $354.2M | +10.16% |
| 2007 | 2007-12-31 | $3.49B | — | — |
Eli Lilly & quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.82B | $483.0M | +14.48% |
| Q1 2026 | 2026-03-31 | $3.51B | $776.0M | +28.38% |
| Q4 2025 | 2025-12-31 | $3.80B | $778.4M | +25.75% |
| Q3 2025 | 2025-09-30 | $3.47B | $731.6M | +26.76% |
| Q2 2025 | 2025-06-30 | $3.34B | $624.8M | +23.05% |
| Q1 2025 | 2025-03-31 | $2.73B | $211.2M | +8.37% |
| Q4 2024 | 2024-12-31 | $3.02B | $460.6M | +17.98% |
| Q3 2024 | 2024-09-30 | $2.73B | $325.0M | +13.49% |
| Q2 2024 | 2024-06-30 | $2.71B | $354.7M | +15.05% |
| Q1 2024 | 2024-03-31 | $2.52B | $537.7M | +27.09% |
| Q4 2023 | 2023-12-31 | $2.56B | $566.4M | +28.38% |
| Q3 2023 | 2023-09-30 | $2.41B | $606.2M | +33.62% |
| Q2 2023 | 2023-06-30 | $2.36B | $574.6M | +32.25% |
| Q1 2023 | 2023-03-31 | $1.99B | $375.0M | +23.29% |
| Q4 2022 | 2022-12-31 | $2.00B | $97.6M | +5.14% |
| Q3 2022 | 2022-09-30 | $1.80B | $97.6M | +5.72% |
| Q2 2022 | 2022-06-30 | $1.78B | $126.9M | +7.67% |
| Q1 2022 | 2022-03-31 | $1.61B | −$62.0M | −3.71% |
| Q4 2021 | 2021-12-31 | $1.90B | $169.7M | +9.82% |
| Q3 2021 | 2021-09-30 | $1.71B | $239.9M | +16.37% |
| Q2 2021 | 2021-06-30 | $1.66B | $264.8M | +19.05% |
| Q1 2021 | 2021-03-31 | $1.67B | $280.0M | +20.11% |
| Q4 2020 | 2020-12-31 | $1.73B | $147.2M | +9.31% |
| Q3 2020 | 2020-09-30 | $1.47B | $84.5M | +6.12% |
| Q2 2020 | 2020-06-30 | $1.39B | −$12.0M | −0.86% |
| Q1 2020 | 2020-03-31 | $1.39B | $161.6M | +13.13% |
| Q4 2019 | 2019-12-31 | $1.58B | $189.6M | +13.62% |
| Q3 2019 | 2019-09-30 | $1.38B | $100.0M | +7.81% |
| Q2 2019 | 2019-06-30 | $1.40B | $131.2M | +10.32% |
| Q1 2019 | 2019-03-31 | $1.23B | $123.0M | +11.11% |
| Q4 2018 | 2018-12-31 | $1.39B | $166.0M | +13.54% |
| Q3 2018 | 2018-09-30 | $1.28B | −$59.1M | −4.41% |
| Q2 2018 | 2018-06-30 | $1.27B | −$1.1M | −0.09% |
| Q1 2018 | 2018-03-31 | $1.11B | −$150.8M | −11.98% |
| Q4 2017 | 2017-12-31 | $1.23B | −$291.2M | −19.20% |
| Q3 2017 | 2017-09-30 | $1.34B | $103.6M | +8.38% |
| Q2 2017 | 2017-06-30 | $1.27B | −$63.8M | −4.78% |
| Q1 2017 | 2017-03-31 | $1.26B | $37.3M | +3.05% |
| Q4 2016 | 2016-12-31 | $1.52B | $72.8M | +5.04% |
| Q3 2016 | 2016-09-30 | $1.24B | $93.0M | +8.13% |
| Q2 2016 | 2016-06-30 | $1.34B | $166.4M | +14.23% |
| Q1 2016 | 2016-03-31 | $1.22B | $181.7M | +17.48% |
| Q4 2015 | 2015-12-31 | $1.44B | $258.5M | +21.80% |
| Q3 2015 | 2015-09-30 | $1.14B | −$99.8M | −8.03% |
| Q2 2015 | 2015-06-30 | $1.17B | −$25.9M | −2.17% |
| Q1 2015 | 2015-03-31 | $1.04B | −$70.0M | −6.31% |
| Q4 2014 | 2014-12-31 | $1.19B | −$289.7M | −19.64% |
| Q3 2014 | 2014-09-30 | $1.24B | −$134.2M | −9.74% |
| Q2 2014 | 2014-06-30 | $1.20B | −$135.0M | −10.15% |
| Q1 2014 | 2014-03-31 | $1.11B | −$238.8M | −17.71% |
| Q4 2013 | 2013-12-31 | $1.48B | $12.3M | +0.84% |
| Q3 2013 | 2013-09-30 | $1.38B | $34.6M | +2.58% |
| Q2 2013 | 2013-06-30 | $1.33B | $9.7M | +0.73% |
| Q1 2013 | 2013-03-31 | $1.35B | $196.6M | +17.07% |
| Q4 2012 | 2012-12-31 | $1.46B | $107.8M | +7.95% |
| Q3 2012 | 2012-09-30 | $1.34B | $61.9M | +4.83% |
| Q2 2012 | 2012-06-30 | $1.32B | $60.1M | +4.77% |
| Q1 2012 | 2012-03-31 | $1.15B | $27.5M | +2.45% |
| Q4 2011 | 2011-12-31 | $1.36B | −$82.8M | −5.76% |
| Q3 2011 | 2011-09-30 | $1.28B | $61.1M | +5.01% |
| Q2 2011 | 2011-06-30 | $1.26B | $73.4M | +6.18% |
| Q1 2011 | 2011-03-31 | $1.12B | $84.9M | +8.17% |
| Q4 2010 | 2010-12-31 | $1.44B | $221.4M | +18.20% |
| Q3 2010 | 2010-09-30 | $1.22B | $97.7M | +8.71% |
| Q2 2010 | 2010-06-30 | $1.19B | $146.8M | +14.11% |
| Q1 2010 | 2010-03-31 | $1.04B | $91.8M | +9.69% |
| Q4 2009 | 2009-12-31 | $1.22B | — | — |
| Q3 2009 | 2009-09-30 | $1.12B | $169.1M | +17.74% |
| Q2 2009 | 2009-06-30 | $1.04B | $88.9M | +9.34% |
| Q1 2009 | 2009-03-31 | $947.3M | — | — |
| Q3 2008 | 2008-09-30 | $953.0M | — | — |
| Q2 2008 | 2008-06-30 | $951.5M | — | — |
Eli Lilly & r&d spending trends
Over the last five fiscal years, Eli Lilly &'s r&d spending increased from $5.98B to $13.34B, a change of $7.36B. The latest reported quarter, Q2 2026, shows $3.82B.
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.
Review Eli Lilly & source filings ↗