Investlytic Investlytic
Log in Free trial
English
Investlytic Rankings

2015 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 2015.

Share prices and capitalizations at 2026-11-05·Annual accounts for the fiscal year 2015·Calculated on 2026-11-08· 10127 companies ranked
Metric : research and development expenses for the fiscal year 2015 (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)
1Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical13,21 billion $11,85 Md€
2Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical12,54 billion $
3Alphabet Inc.GOOG🇺🇸United StatesTechnology12,28 billion $
4Intel CorporationINTC🇺🇸United StatesTechnology12,13 billion $
5Microsoft CorporationMSFT🇺🇸United StatesTechnology12,05 billion $
6Roche Holding AGRO.SW🇨🇭EuropeHealthcare11,68 billion $9,58 Bn CHF
7Samsung Electronics Co., Ltd.SSNLF🇰🇷KoreaTechnology10,05 billion $13 706 Md₩
8Johnson & JohnsonJNJ🇺🇸United StatesHealthcare9,05 billion $
9Novartis AGNOVN.SW🇨🇭EuropeHealthcare8,94 billion $
10Apple Inc.AAPL🇺🇸United StatesTechnology8,07 billion $
11Pfizer Inc.PFE🇺🇸United StatesHealthcare7,67 billion $
12Merck & Co., Inc.MRK🇺🇸United StatesHealthcare6,70 billion $
13Toyota Motor CorporationTOYOF🇯🇵JapanConsumer Cyclical6,34 billion $1 005 Bn¥
14Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology6,21 billion $
15Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical5,76 billion $5,17 Md€
16SanofiSAN.PA🇫🇷FranceHealthcare5,67 billion $5,08 Md€
17Oracle CorporationORCL🇺🇸United StatesTechnology5,52 billion $
18QUALCOMM IncorporatedQCOM🇺🇸United StatesTechnology5,49 billion $
19AstraZeneca PLCAZN🇬🇧United KingdomHealthcare5,43 billion $
20Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical5,31 billion $4,76 Md€
21International Business Machines CorporationIBM🇺🇸United StatesTechnology5,25 billion $
22Siemens AGSIE.DE🇩🇪GermanyIndustrials5,00 billion $4,48 Md€
23Meta Platforms, Inc.META🇺🇸United StatesTechnology4,82 billion $
24Eli Lilly and CompanyLLY🇺🇸United StatesHealthcare4,80 billion $
25Bayer AGBAYN.DE🇩🇪GermanyHealthcare4,76 billion $4,27 Md€
26Bertrandt AGBDT.DE🇩🇪GermanyConsumer Cyclical4,68 billion $4,20 Md€
27GSK plcGSK🇬🇧United KingdomHealthcare4,57 billion $3,42 Bn£
28AbbVie Inc.ABBV🇺🇸United StatesHealthcare4,43 billion $
29Exor N.V.EXO.AS🇳🇱EuropeConsumer Cyclical4,31 billion $3,87 Md€
30Airbus SEEADSF🇳🇱EuropeIndustrials4,08 billion $3,66 Md€
31Amgen Inc.AMGN🇺🇸United StatesHealthcare4,07 billion $
32Bristol-Myers Squibb CompanyBMY🇺🇸United StatesHealthcare4,04 billion $
33Honda Motor Co., Ltd.HNDAF🇯🇵JapanConsumer Cyclical3,83 billion $606,16 Bn¥
34Telefonaktiebolaget LM Ericsson (publ)ERIC-B.ST🇸🇪EuropeTechnology3,52 billion $34,84 billion SEK
35The Boeing CompanyBA🇺🇸United StatesIndustrials3,33 billion $
36Stellantis N.V.STLA🇳🇱EuropeConsumer Cyclical3,19 billion $2,86 Md€
37SAP SESAP.DE🇩🇪GermanyTechnology3,17 billion $2,85 Md€
38Gilead Sciences, Inc.GILD🇺🇸United StatesHealthcare3,01 billion $
39Sony Group CorporationSONY🇯🇵JapanTechnology2,93 billion $464,32 Bn¥
40Panasonic Holdings CorporationPCRFF🇯🇵JapanTechnology2,89 billion $457,25 Bn¥
41Continental AGCON.DE🇩🇪GermanyConsumer Cyclical2,73 billion $2,45 Md€
42DENSO CorporationDNZOY🇺🇸United StatesConsumer Cyclical2,50 billion $396,44 Bn¥
43Nokia OyjNOKIA.HE🇫🇮EuropeTechnology2,37 billion $2,13 Md€
44Hewlett Packard Enterprise CompanyHPE🇺🇸United StatesTechnology2,34 billion $
45RTX CorporationRTX🇺🇸United StatesIndustrials2,28 billion $
46Takeda Pharmaceutical Company LimitedTAK🇯🇵JapanHealthcare2,18 billion $345,86 Bn¥
47BASF SeBAS.DE🇩🇪GermanyBasic Materials2,18 billion $1,95 Md€
48Koninklijke Philips N.V.PHIA.AS🇳🇱EuropeHealthcare2,15 billion $1,93 Md€
49Caterpillar Inc.CAT🇺🇸United StatesIndustrials2,12 billion $
50Hitachi, Ltd.HTHIF🇯🇵JapanIndustrials2,11 billion $333,73 Bn¥
51Canon Inc.CAJPY🇯🇵JapanTechnology2,07 billion $328,50 Bn¥
52Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive2,04 billion $1,68 Bn CHF
53Novo Nordisk A/SNOVO-B.CO🇩🇰EuropeHealthcare2,03 billion $13,61 Bn DKK
54Biogen Inc.BIIB🇺🇸United StatesHealthcare2,01 billion $
55Taiwan Semiconductor Manufacturing Company LimitedTSM🇹🇼TaiwanTechnology2,00 billion $65,54 Bn NT$
56Merck KGaAMRK.DE🇩🇪GermanyHealthcare1,90 billion $1,71 Md€
57Honeywell International Inc.HON🇺🇸United StatesIndustrials1,86 billion $
58ZTE CorporationZTCOF🇨🇳ChinaTechnology1,83 billion $12,20 billion CN¥
59PetroChina Company LimitedPCCYF🇺🇸United StatesEnergy1,78 billion $11,86 billion CN¥
60Micron Technology, Inc.MU🇺🇸United StatesTechnology1,76 billion $
613M CompanyMMM🇺🇸United StatesIndustrials1,75 billion $
62LG Electronics Inc.066575.KS🇰🇷KoreaTechnology1,74 billion $2 378 Md₩
63AT&T Inc.T🇺🇸United StatesCommunication Services1,69 billion $
64Safran S.A.SAF.PA🇫🇷FranceIndustrials1,69 billion $1,52 Md€
65BAE Systems plcBAESY🇬🇧United KingdomIndustrials1,69 billion $1,26 Bn£
66Western Digital CorporationWDC🇺🇸United StatesTechnology1,65 billion $
67Medtronic plcMDT🇮🇪EuropeHealthcare1,64 billion $
68Hon Hai Precision Industry Co., Ltd.HNHPF🇹🇼TaiwanTechnology1,60 billion $52,49 Bn NT$
69DuPont de Nemours, Inc.DD🇺🇸United StatesBasic Materials1,60 billion $
70Alibaba Group Holding LimitedBABAF🇨🇳ChinaConsumer Cyclical1,60 billion $10,66 billion CN¥
71AB Volvo (publ)VOLV-B.ST🇸🇪EuropeIndustrials1,55 billion $15,37 billion SEK
72Regeneron Pharmaceuticals, Inc.REGN🇺🇸United StatesHealthcare1,55 billion $
73China Railway Group LimitedCRWOF🇨🇳ChinaIndustrials1,54 billion $10,28 billion CN¥
74Baidu, Inc.BAIDF🇨🇳ChinaCommunication Services1,53 billion $10,18 billion CN¥
75Teva Pharmaceutical Industries LimitedTEVA🇮🇱OthersHealthcare1,52 billion $
76MediaTek Inc.2454.TW🇹🇼TaiwanTechnology1,51 billion $49,53 Bn NT$
77Renault S.A.RNO.PA🇫🇷FranceConsumer Cyclical1,49 billion $1,34 Md€
78CRRC Corporation Limited601766.SS🇨🇳ChinaIndustrials1,49 billion $9,95 billion CN¥
79NTT, Inc.NPPXF🇯🇵JapanCommunication Services1,48 billion $233,75 Bn¥
80Applied Materials, Inc.AMAT🇺🇸United StatesTechnology1,45 billion $
81Deere & CompanyDE🇺🇸United StatesIndustrials1,43 billion $
82ABB LtdABBN.SW🇨🇭EuropeIndustrials1,41 billion $
83ActiveOps PlcAOM.L🇬🇧United KingdomTechnology1,39 billion $1,04 Bn£
84Abbott LaboratoriesABT🇺🇸United StatesHealthcare1,37 billion $
85NVIDIA CorporationNVDA🇺🇸United StatesTechnology1,36 billion $
86Tencent Holdings LimitedTCEHY🇨🇳ChinaCommunication Services1,35 billion $9,04 billion CN¥
87Seagate Technology Holdings plcSTX🇮🇪EuropeTechnology1,35 billion $
88China Railway Construction Corporation Limited601186.SS🇨🇳ChinaIndustrials1,31 billion $8,76 billion CN¥
89Astellas Pharma Inc.ALPMY🇯🇵JapanHealthcare1,30 billion $206,60 Bn¥
90Fujitsu LimitedFJTSF🇯🇵JapanTechnology1,28 billion $202,70 Bn¥
91Otsuka Holdings Co., Ltd.OTSKY🇺🇸United StatesHealthcare1,27 billion $201,01 Bn¥
92Texas Instruments IncorporatedTXN🇺🇸United StatesTechnology1,27 billion $
93SAIC Motor Corporation Limited600104.SS🇨🇳ChinaConsumer Cyclical1,26 billion $8,38 billion CN¥
94Mitsubishi Electric CorporationMIELY🇯🇵JapanIndustrials1,23 billion $195,30 Bn¥
95China State Construction Engineering Corporation Limited601668.SS🇨🇳ChinaIndustrials1,23 billion $8,19 billion CN¥
96Lenovo Group LimitedLNVGF🇭🇰Hong KongTechnology1,22 billion $
97H. Lundbeck A/SHLUN-B.CO🇩🇰EuropeHealthcare1,21 billion $8,15 Bn DKK
98Daiichi Sankyo Company, LimitedDSKYF🇯🇵JapanHealthcare1,20 billion $190,70 Bn¥
99HP Inc.HPQ🇺🇸United StatesTechnology1,19 billion $
100SK hynix Inc.000660.KS🇰🇷KoreaTechnology1,19 billion $1 620 Md₩
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 2015 ranking established?
It ranks companies by their research and development expenses for the fiscal year 2015, 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.

← All rankings