Perrigo R&D Spending Growth & History (PRGO)
Perrigo's r&d spending was $95.4M for fiscal 2025.
View full Perrigo company overviewPerrigo annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $95.4M | −$16.8M | −14.97% |
| 2024 | 2024-12-31 | $112.2M | −$10.3M | −8.41% |
| 2023 | 2023-12-31 | $122.5M | −$600,000 | −0.49% |
| 2022 | 2022-12-31 | $123.1M | $1.1M | +0.90% |
| 2021 | 2021-12-31 | $122.0M | $300,000 | +0.25% |
| 2020 | 2020-12-31 | $121.7M | $2.5M | +2.10% |
| 2019 | 2019-12-31 | $119.2M | −$99.4M | −45.47% |
| 2018 | 2018-12-31 | $218.6M | $50.9M | +30.35% |
| 2017 | 2017-12-31 | $167.7M | −$16.3M | −8.86% |
| 2016 | 2016-12-31 | $184.0M | $95.8M | +108.62% |
| 2015 · Dec 31 | 2015-12-31 | $88.2M | — | — |
| 2015 · Jun 27 | 2015-06-27 | $187.8M | $35.3M | +23.15% |
| 2014 | 2014-06-28 | $152.5M | $37.3M | +32.38% |
| 2013 | 2013-06-29 | $115.2M | $9.4M | +8.88% |
| 2012 | 2012-06-30 | $105.8M | — | — |
Perrigo quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | $23.7M | $1.7M | +7.73% |
| Q1 2026 | 2026-03-28 | $24.6M | −$2.1M | −7.87% |
| Q4 2025 | 2025-12-31 | $21.8M | −$6.0M | −21.58% |
| Q3 2025 | 2025-09-27 | $24.9M | −$1.1M | −4.23% |
| Q2 2025 | 2025-06-28 | $22.0M | −$7.4M | −25.17% |
| Q1 2025 | 2025-03-29 | $26.7M | −$2.3M | −7.93% |
| Q4 2024 | 2024-12-31 | $27.8M | −$1.8M | −6.08% |
| Q3 2024 | 2024-09-28 | $26.0M | −$3.6M | −12.16% |
| Q2 2024 | 2024-06-29 | $29.4M | −$2.8M | −8.70% |
| Q1 2024 | 2024-03-30 | $29.0M | −$2.1M | −6.75% |
| Q4 2023 | 2023-12-31 | $29.6M | −$2.9M | −8.92% |
| Q3 2023 | 2023-09-30 | $29.6M | −$200,000 | −0.67% |
| Q2 2023 | 2023-07-01 | $32.2M | $700,000 | +2.22% |
| Q1 2023 | 2023-04-01 | $31.1M | $1.8M | +6.14% |
| Q4 2022 | 2022-12-31 | $32.5M | $2.2M | +7.26% |
| Q3 2022 | 2022-10-01 | $29.8M | $2.2M | +7.97% |
| Q2 2022 | 2022-07-02 | $31.5M | −$1.5M | −4.55% |
| Q1 2022 | 2022-04-02 | $29.3M | −$1.8M | −5.79% |
| Q4 2021 | 2021-12-31 | $30.3M | — | — |
| Q3 2021 | 2021-10-02 | $27.6M | −$2.8M | −9.21% |
| Q2 2021 | 2021-07-03 | $33.0M | $2.6M | +8.55% |
| Q1 2021 | 2021-04-03 | $31.1M | $3.2M | +11.47% |
| Q3 2020 · Sep 26 | 2020-09-26 | $30.4M | −$13.6M | −30.91% |
| Q2 2020 · Jun 27 | 2020-06-27 | $30.4M | −$13.5M | −30.75% |
| Q1 2020 · Mar 28 | 2020-03-28 | $27.9M | −$12.3M | −30.60% |
| Q3 2019 | 2019-09-28 | $44.0M | $300,000 | +0.69% |
| Q2 2019 | 2019-06-29 | $43.9M | −$48.0M | −52.23% |
| Q1 2019 | 2019-03-30 | $40.2M | $1.8M | +4.69% |
| Q4 2018 | 2018-12-31 | $44.6M | −$2.3M | −4.90% |
| Q3 2018 | 2018-09-29 | $43.7M | $5.3M | +13.80% |
| Q2 2018 | 2018-06-30 | $91.9M | $49.3M | +115.73% |
| Q1 2018 | 2018-03-31 | $38.4M | −$1.4M | −3.52% |
| Q4 2017 | 2017-12-31 | $46.9M | $5.4M | +13.01% |
| Q3 2017 | 2017-09-30 | $38.4M | −$11.8M | −23.51% |
| Q2 2017 | 2017-07-01 | $42.6M | −$4.4M | −9.36% |
| Q1 2017 | 2017-04-01 | $39.8M | −$5.5M | −12.14% |
| Q4 2016 | 2016-12-31 | $41.5M | — | — |
| Q3 2016 | 2016-10-01 | $50.2M | $8.6M | +20.67% |
| Q2 2016 | 2016-07-02 | $47.0M | −$15.6M | −24.92% |
| Q1 2016 · Apr 2 | 2016-04-02 | $45.3M | $9.9M | +27.97% |
| Q1 2016 · Sep 26 | 2015-09-26 | $41.6M | $5.0M | +13.66% |
| Q4 2015 · Jun 27 | 2015-06-27 | $62.6M | $24.6M | +64.74% |
| Q3 2015 | 2015-03-28 | $35.4M | −$9.3M | −20.81% |
| Q2 2015 | 2014-12-27 | $53.2M | $15.7M | +41.87% |
| Q1 2015 | 2014-09-27 | $36.6M | $4.3M | +13.31% |
| Q4 2014 | 2014-06-28 | $38.0M | — | — |
| Q3 2014 | 2014-03-29 | $44.7M | $16.2M | +56.84% |
| Q2 2014 | 2013-12-28 | $37.5M | $9.2M | +32.51% |
| Q1 2014 | 2013-09-28 | $32.3M | — | — |
| Q3 2013 | 2013-03-30 | $28.5M | — | — |
| Q2 2013 | 2012-12-29 | $28.3M | — | — |
Perrigo r&d spending trends
Over the last five fiscal years, Perrigo's r&d spending decreased from $121.7M to $95.4M, a change of −$26.3M. The latest reported quarter, Q2 2026, shows $23.7M.
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.
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 Perrigo source filings ↗