Quick Answer
SMITH & NEPHEW PLC reported R&D Expense of $296.00 million for fiscal year 2025.
SMITH & NEPHEW PLC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $296.00M | +2.4% |
| 2024 | $289.00M | -14.7% |
| 2023 | $339.00M | -1.7% |
| 2022 | $345.00M | -3.1% |
| 2021 | $356.00M | +16.0% |
| 2020 | $307.00M | +5.1% |
| 2019 | $292.00M | +18.7% |
| 2018 | $246.00M | +10.3% |
| 2017 | $223.00M | -3.0% |
| 2016 | $230.00M | +3.6% |
| 2015 | $222.00M | — |
- SMITH & NEPHEW PLC showed an increase of +2.4% in R&D Expense compared to the prior fiscal year.
- Over the 2015–2025 period, SMITH & NEPHEW PLC’s r&d expense has grown by 33.3% (from $222.00 million to $296.00 million).
- The most recent figure is from SMITH & NEPHEW PLC’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 16, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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