Smith & Nephew annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Smith & Nephew R&D Spending Growth & History (SN.)
Smith & Nephew's r&d spending was $296.0M for fiscal 2025.
View full Smith & Nephew company overviewSmith & Nephew annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $296.0M | $7.0M | +2.42% |
| 2024 | 2024-12-31 | $289.0M | −$50.0M | −14.75% |
| 2023 | 2023-12-31 | $339.0M | −$6.0M | −1.74% |
| 2022 | 2022-12-31 | $345.0M | −$11.0M | −3.09% |
| 2021 | 2021-12-31 | $356.0M | $49.0M | +15.96% |
| 2020 | 2020-12-31 | $307.0M | $15.0M | +5.14% |
| 2019 | 2019-12-31 | $292.0M | $46.0M | +18.70% |
| 2018 | 2018-12-31 | $246.0M | $23.0M | +10.31% |
| 2017 | 2017-12-31 | $223.0M | −$7.0M | −3.04% |
| 2016 | 2016-12-31 | $230.0M | $8.0M | +3.60% |
| 2015 | 2015-12-31 | $222.0M | — | — |
Smith & Nephew r&d spending trends
Over the last five fiscal years, Smith & Nephew's r&d spending decreased from $307.0M to $296.0M, a change of −$11.0M.
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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