Quick Answer
ABB LTD reported R&D Expense of $1.32 billion for fiscal year 2023.
ABB LTD R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $1.32B | +13.0% |
| 2022 | $1.17B | -4.3% |
| 2021 | $1.22B | +8.2% |
| 2020 | $1.13B | -5.9% |
| 2019 | $1.20B | +4.4% |
| 2018 | $1.15B | +13.2% |
| 2017 | $1.01B | +4.8% |
| 2016 | $967.00M | -31.2% |
| 2015 | $1.41B | -6.2% |
| 2014 | $1.50B | +2.0% |
| 2013 | $1.47B | +0.4% |
| 2012 | $1.46B | +6.8% |
| 2011 | $1.37B | +26.7% |
| 2010 | $1.08B | +4.3% |
| 2009 | $1.04B | +1.0% |
| 2008 | $1.03B | — |
- ABB LTD showed an increase of +13.0% in R&D Expense compared to the prior fiscal year.
- Over the 2008–2023 period, ABB LTD’s r&d expense has grown by 28.2% (from $1.03 billion to $1.32 billion).
- The most recent figure is from ABB LTD’s fiscal year 2023 report (Form 20-F), filed with the SEC on February 23, 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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