West Pharmaceutical Services R&D Spending Growth & History (WST)
West Pharmaceutical Services's r&d spending was $74.3M for fiscal 2025.
View full West Pharmaceutical Services company overviewWest Pharmaceutical Services annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $74.3M | $5.2M | +7.53% |
| 2024 | 2024-12-31 | $69.1M | $700,000 | +1.02% |
| 2023 | 2023-12-31 | $68.4M | $9.9M | +16.92% |
| 2022 | 2022-12-31 | $58.5M | $5.7M | +10.80% |
| 2021 | 2021-12-31 | $52.8M | $5.9M | +12.58% |
| 2020 | 2020-12-31 | $46.9M | $8.0M | +20.57% |
| 2019 | 2019-12-31 | $38.9M | −$1.4M | −3.47% |
| 2018 | 2018-12-31 | $40.3M | $1.2M | +3.07% |
| 2017 | 2017-12-31 | $39.1M | $2.3M | +6.25% |
| 2016 | 2016-12-31 | $36.8M | $2.7M | +7.92% |
| 2015 | 2015-12-31 | $34.1M | −$3.2M | −8.58% |
| 2014 | 2014-12-31 | $37.3M | −$600,000 | −1.58% |
| 2013 | 2013-12-31 | $37.9M | $4.7M | +14.16% |
| 2012 | 2012-12-31 | $33.2M | $4.1M | +14.09% |
| 2011 | 2011-12-31 | $29.1M | $5.2M | +21.76% |
| 2010 | 2010-12-31 | $23.9M | $4.0M | +20.10% |
| 2009 | 2009-12-31 | $19.9M | $1.2M | +6.42% |
| 2008 | 2008-12-31 | $18.7M | — | — |
West Pharmaceutical Services quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.7M | $600,000 | +3.14% |
| Q1 2026 | 2026-03-31 | $15.8M | −$500,000 | −3.07% |
| Q4 2025 | 2025-12-31 | $21.8M | $3.3M | +17.84% |
| Q3 2025 | 2025-09-30 | $17.1M | $1.6M | +10.32% |
| Q2 2025 | 2025-06-30 | $19.1M | $1.6M | +9.14% |
| Q1 2025 | 2025-03-31 | $16.3M | −$1.3M | −7.39% |
| Q4 2024 | 2024-12-31 | $18.5M | $100,000 | +0.54% |
| Q3 2024 | 2024-09-30 | $15.5M | −$900,000 | −5.49% |
| Q2 2024 | 2024-06-30 | $17.5M | $1.0M | +6.06% |
| Q1 2024 | 2024-03-31 | $17.6M | $500,000 | +2.92% |
| Q4 2023 | 2023-12-31 | $18.4M | $2.5M | +15.72% |
| Q3 2023 | 2023-09-30 | $16.4M | $2.8M | +20.59% |
| Q2 2023 | 2023-06-30 | $16.5M | $2.1M | +14.58% |
| Q1 2023 | 2023-03-31 | $17.1M | $2.5M | +17.12% |
| Q4 2022 | 2022-12-31 | $15.9M | $2.2M | +16.06% |
| Q3 2022 | 2022-09-30 | $13.6M | $500,000 | +3.82% |
| Q2 2022 | 2022-06-30 | $14.4M | $600,000 | +4.35% |
| Q1 2022 | 2022-03-31 | $14.6M | $2.4M | +19.67% |
| Q4 2021 | 2021-12-31 | $13.7M | $800,000 | +6.20% |
| Q3 2021 | 2021-09-30 | $13.1M | $600,000 | +4.80% |
| Q2 2021 | 2021-06-30 | $13.8M | $3.0M | +27.78% |
| Q1 2021 | 2021-03-31 | $12.2M | $1.5M | +14.02% |
| Q4 2020 | 2020-12-31 | $12.9M | $2.7M | +26.47% |
| Q3 2020 | 2020-09-30 | $12.5M | $3.2M | +34.41% |
| Q2 2020 | 2020-06-30 | $10.8M | $1.2M | +12.50% |
| Q1 2020 | 2020-03-31 | $10.7M | $900,000 | +9.18% |
| Q4 2019 | 2019-12-31 | $10.2M | $400,000 | +4.08% |
| Q3 2019 | 2019-09-30 | $9.3M | −$800,000 | −7.92% |
| Q2 2019 | 2019-06-30 | $9.6M | −$1.2M | −11.11% |
| Q1 2019 | 2019-03-31 | $9.8M | $200,000 | +2.08% |
| Q4 2018 | 2018-12-31 | $9.8M | $100,000 | +1.03% |
| Q3 2018 | 2018-09-30 | $10.1M | $1.0M | +10.99% |
| Q2 2018 | 2018-06-30 | $10.8M | $800,000 | +8.00% |
| Q1 2018 | 2018-03-31 | $9.6M | −$700,000 | −6.80% |
| Q4 2017 | 2017-12-31 | $9.7M | $100,000 | +1.04% |
| Q3 2017 | 2017-09-30 | $9.1M | $100,000 | +1.11% |
| Q2 2017 | 2017-06-30 | $10.0M | $1.2M | +13.64% |
| Q1 2017 | 2017-03-31 | $10.3M | $900,000 | +9.57% |
| Q4 2016 | 2016-12-31 | $9.6M | −$400,000 | −4.00% |
| Q3 2016 | 2016-09-30 | $9.0M | $500,000 | +5.88% |
| Q2 2016 | 2016-06-30 | $8.8M | $700,000 | +8.64% |
| Q1 2016 | 2016-03-31 | $9.4M | $1.9M | +25.33% |
| Q4 2015 | 2015-12-31 | $10.0M | $2.2M | +28.21% |
| Q3 2015 | 2015-09-30 | $8.5M | −$1.1M | −11.46% |
| Q2 2015 | 2015-06-30 | $8.1M | −$1.8M | −18.18% |
| Q1 2015 | 2015-03-31 | $7.5M | −$2.5M | −25.00% |
| Q4 2014 | 2014-12-31 | $7.8M | −$1.9M | −19.59% |
| Q3 2014 | 2014-09-30 | $9.6M | $0 | 0.00% |
| Q2 2014 | 2014-06-30 | $9.9M | $400,000 | +4.21% |
| Q1 2014 | 2014-03-31 | $10.0M | $900,000 | +9.89% |
| Q4 2013 | 2013-12-31 | $9.7M | $1.2M | +14.12% |
| Q3 2013 | 2013-09-30 | $9.6M | $1.4M | +17.07% |
| Q2 2013 | 2013-06-30 | $9.5M | $1.3M | +15.85% |
| Q1 2013 | 2013-03-31 | $9.1M | $800,000 | +9.64% |
| Q4 2012 | 2012-12-31 | $8.5M | $1.3M | +18.06% |
| Q3 2012 | 2012-09-30 | $8.2M | $500,000 | +6.49% |
| Q2 2012 | 2012-06-30 | $8.2M | $900,000 | +12.33% |
| Q1 2012 | 2012-03-31 | $8.3M | $1.4M | +20.29% |
| Q4 2011 | 2011-12-31 | $7.2M | $300,000 | +4.35% |
| Q3 2011 | 2011-09-30 | $7.7M | $1.8M | +30.51% |
| Q2 2011 | 2011-06-30 | $7.3M | $1.6M | +28.07% |
| Q1 2011 | 2011-03-31 | $6.9M | $1.5M | +27.78% |
| Q4 2010 | 2010-12-31 | $6.9M | — | — |
| Q3 2010 | 2010-09-30 | $5.9M | $800,000 | +15.69% |
| Q2 2010 | 2010-06-30 | $5.7M | $1.0M | +21.28% |
| Q1 2010 | 2010-03-31 | $5.4M | — | — |
| Q3 2009 | 2009-09-30 | $5.1M | — | — |
| Q2 2009 | 2009-06-30 | $4.7M | — | — |
West Pharmaceutical Services r&d spending trends
Over the last five fiscal years, West Pharmaceutical Services's r&d spending increased from $46.9M to $74.3M, a change of $27.4M. The latest reported quarter, Q2 2026, shows $19.7M.
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 West Pharmaceutical Services source filings ↗