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2010 Ranking of companies spending the most on research and development

The companies that bet the most on innovation: amount spent on research and development during the fiscal year 2010.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2010·Calculated on 2026-11-08· 4781 companies ranked
Metric : research and development expenses for the fiscal year 2010 (published annual accounts). Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector R&D expenses (USD)
1Arbutus Biopharma CorporationABUS🇺🇸United StatesHealthcare22 134 billion $
2Roche Holding AGRO.SW🇨🇭EuropeHealthcare12,22 billion $10,03 Bn CHF
3Merck & Co., Inc.MRK🇺🇸United StatesHealthcare11,11 billion $
4Pfizer Inc.PFE🇺🇸United StatesHealthcare9,36 billion $
5Novartis AGNOVN.SW🇨🇭EuropeHealthcare9,07 billion $
6Microsoft CorporationMSFT🇺🇸United StatesTechnology8,71 billion $
7Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical7,65 billion $6,87 Md€
8Johnson & JohnsonJNJ🇺🇸United StatesHealthcare6,84 billion $
9Samsung Electronics Co., Ltd.SSNLF🇰🇷KoreaTechnology6,67 billion $9 099 Md₩
10Intel CorporationINTC🇺🇸United StatesTechnology6,58 billion $
11Nokia OyjNOKIA.HE🇫🇮EuropeTechnology6,54 billion $5,86 Md€
12International Business Machines CorporationIBM🇺🇸United StatesTechnology6,03 billion $
13GSK plcGSK🇬🇧United KingdomHealthcare5,75 billion $4,30 Bn£
14Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology5,27 billion $
15SanofiSAN.PA🇫🇷FranceHealthcare4,91 billion $4,40 Md€
16Eli Lilly and CompanyLLY🇺🇸United StatesHealthcare4,88 billion $
17Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical4,58 billion $725,35 Bn¥
18The Boeing CompanyBA🇺🇸United StatesIndustrials4,12 billion $
19AstraZeneca PLCAZN🇬🇧United KingdomHealthcare4,10 billion $
20Siemens AGSIE.DE🇩🇪GermanyIndustrials3,97 billion $3,56 Md€
21Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical3,88 billion $3,48 Md€
22Alphabet Inc.GOOG🇺🇸United StatesTechnology3,76 billion $
23Abbott LaboratoriesABT🇺🇸United StatesHealthcare3,57 billion $
24Bristol-Myers Squibb CompanyBMY🇺🇸United StatesHealthcare3,57 billion $
25Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical3,44 billion $3,08 Md€
26Bayer AGBAYN.DE🇩🇪GermanyHealthcare3,40 billion $3,05 Md€
27Airbus SEEADSF🇳🇱EuropeIndustrials3,28 billion $2,94 Md€
28Oracle CorporationORCL🇺🇸United StatesTechnology3,25 billion $
29Telefonaktiebolaget LM Ericsson (publ)ERIC-B.ST🇸🇪EuropeTechnology3,19 billion $31,56 billion SEK
30HP Inc.HPQ🇺🇸United StatesTechnology2,96 billion $
31Honda Motor Co., Ltd.HNDAF🇯🇵JapanConsumer Cyclical2,92 billion $463,35 Bn¥
32Amgen Inc.AMGN🇺🇸United StatesHealthcare2,89 billion $
33AbbVie Inc.ABBV🇺🇸United StatesHealthcare2,81 billion $
34Sony Group CorporationSONY🇯🇵JapanTechnology2,73 billion $432,00 Bn¥
35QUALCOMM IncorporatedQCOM🇺🇸United StatesTechnology2,55 billion $
36Hitachi, Ltd.HTHIF🇯🇵JapanIndustrials2,49 billion $395,18 Bn¥
37STMicroelectronics N.V.STM🇳🇱EuropeTechnology2,35 billion $
38Renault S.A.RNO.PA🇫🇷FranceConsumer Cyclical2,04 billion $1,83 Md€
39Canon Inc.CAJPY🇯🇵JapanTechnology1,99 billion $315,82 Bn¥
40SAP SESAP.DE🇩🇪GermanyTechnology1,93 billion $1,73 Md€
41Caterpillar Inc.CAT🇺🇸United StatesIndustrials1,91 billion $
42Takeda Pharmaceutical Company LimitedTAK🇯🇵JapanHealthcare1,82 billion $288,87 Bn¥
43Apple Inc.AAPL🇺🇸United StatesTechnology1,78 billion $
44Koninklijke Philips N.V.PHIA.AS🇳🇱EuropeHealthcare1,76 billion $1,58 Md€
45NTT, Inc.NPPXF🇯🇵JapanCommunication Services1,76 billion $278,14 Bn¥
46RTX CorporationRTX🇺🇸United StatesIndustrials1,75 billion $
47NEC CorporationNIPNF🇺🇸United StatesTechnology1,74 billion $275,97 Bn¥
48Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical1,73 billion $
49BAE Systems plcBAESY🇬🇧United KingdomIndustrials1,73 billion $1,30 Bn£
50Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive1,71 billion $1,40 Bn CHF
51BASF SeBAS.DE🇩🇪GermanyBasic Materials1,66 billion $1,49 Md€
52DuPont de Nemours, Inc.DD🇺🇸United StatesBasic Materials1,66 billion $
53Continental AGCON.DE🇩🇪GermanyConsumer Cyclical1,62 billion $1,45 Md€
54Exor N.V.EXO.AS🇳🇱EuropeConsumer Cyclical1,60 billion $1,43 Md€
55Texas Instruments IncorporatedTXN🇺🇸United StatesTechnology1,57 billion $
56Merck KGaAMRK.DE🇩🇪GermanyHealthcare1,56 billion $1,40 Md€
57Medtronic plcMDT🇮🇪EuropeHealthcare1,46 billion $
58Honeywell International Inc.HON🇺🇸United StatesIndustrials1,45 billion $
593M CompanyMMM🇺🇸United StatesIndustrials1,43 billion $
60Novo Nordisk A/SNOVO-B.CO🇩🇰EuropeHealthcare1,43 billion $9,60 Bn DKK
61Fujitsu LimitedFJTSF🇯🇵JapanTechnology1,42 billion $224,95 Bn¥
62Advanced Micro Devices, Inc.AMD🇺🇸United StatesTechnology1,41 billion $
63AT&T Inc.T🇺🇸United StatesCommunication Services1,34 billion $
64China Railway Construction Corporation Limited601186.SS🇨🇳ChinaIndustrials1,32 billion $8,82 billion CN¥
65AB Volvo (publ)VOLV-B.ST🇸🇪EuropeIndustrials1,31 billion $12,97 billion SEK
66Renesas Electronics CorporationRNECF🇯🇵JapanTechnology1,28 billion $202,62 Bn¥
67Biogen Inc.BIIB🇺🇸United StatesHealthcare1,25 billion $
68Daiichi Sankyo Company, LimitedDSKYF🇯🇵JapanHealthcare1,24 billion $196,80 Bn¥
69Astellas Pharma Inc.ALPMY🇯🇵JapanHealthcare1,23 billion $195,57 Bn¥
70Hon Hai Precision Industry Co., Ltd.HNHPF🇹🇼TaiwanTechnology1,18 billion $38,79 Bn NT$
71Applied Materials, Inc.AMAT🇺🇸United StatesTechnology1,14 billion $
72Stellantis N.V.STLA🇳🇱EuropeConsumer Cyclical1,13 billion $1,01 Md€
73FUJIFILM Holdings CorporationFUJIF🇺🇸United StatesIndustrials1,11 billion $175,12 Bn¥
74LG Electronics Inc.066575.KS🇰🇷KoreaTechnology1,10 billion $1 501 Md₩
75ABB LtdABBN.SW🇨🇭EuropeIndustrials1,08 billion $
76Gilead Sciences, Inc.GILD🇺🇸United StatesHealthcare1,07 billion $
77ZTE CorporationZTCOF🇨🇳ChinaTechnology1,06 billion $7,09 billion CN¥
78Deere & CompanyDE🇺🇸United StatesIndustrials1,05 billion $
79Otsuka Holdings Co., Ltd.OTSKY🇺🇸United StatesHealthcare1,04 billion $164,51 Bn¥
80Motorola Solutions, Inc.MSI🇺🇸United StatesTechnology1,04 billion $
81Unilever PLCUL🇬🇧United KingdomConsumer Defensive1,03 billion $928,0 M€
82Shell plcSHEL🇬🇧United KingdomEnergy1,02 billion $
83Petróleo Brasileiro S.A. - PetrobrasPBR🇧🇷OthersEnergy989,0 M$
84BlackBerry LimitedBB🇨🇦CanadaTechnology965,0 M$
85Boston Scientific CorporationBSX🇺🇸United StatesHealthcare939,0 M$
86Teva Pharmaceutical Industries LimitedTEVA🇮🇱OthersHealthcare933,0 M$
87Slb N.V.SLB🇺🇸United StatesEnergy919,0 M$
88Baxter International Inc.BAX🇺🇸United StatesHealthcare915,0 M$
89NVIDIA CorporationNVDA🇺🇸United StatesTechnology908,9 M$
90eBay Inc.EBAY🇺🇸United StatesConsumer Cyclical908,0 M$
91Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼TaiwanTechnology906,3 M$29,71 Bn NT$
92Vale S.A.VALE🇧🇷OthersBasic Materials878,0 M$
93Seagate Technology Holdings plcSTX🇮🇪EuropeTechnology877,0 M$
94Gen Digital Inc.GEN🇺🇸United StatesTechnology857,0 M$
95Marvell Technology, Inc.MRVL🇺🇸United StatesTechnology828,2 M$
96Danaher CorporationDHR🇺🇸United StatesHealthcare809,5 M$
97UCB S.A.UCB.BR🇧🇪EuropeHealthcare786,0 M$705,0 M€
98BP p.l.c.BP🇬🇧United KingdomEnergy781,3 M$
99Xerox Holdings CorporationXRX🇺🇸United StatesTechnology781,0 M$
100Mitsubishi Electric CorporationMIELY🇯🇵JapanIndustrials775,7 M$122,90 Bn¥
Raw data (JSON)

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

How is this 2010 ranking established?
It ranks companies by their research and development expenses for the fiscal year 2010, based on published annual accounts and data. No value is estimated: a company without this data is simply excluded.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in the account currency is repeated under each value.
Is this ranking investment advice?
No. It is provided purely for informational purposes and does not constitute investment advice. Investing involves the risk of capital loss.

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