Hershey Company (HSY) r&d spend was $62M in FY2025 (+10% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$62M
+10%
2024
$56M
+12%
2023
$50M
+7%
2022
$47M
+17%
2021
$40M
+7%
2020
$38M
+1%
2019
$37M
-4%
2018
$39M
-16%
2017
$46M
-3%
2016
$47M
-4%
2015
$49M
+4%
2014
$48M
-0%
2013
$48M
+22%
2012
$39M
+17%
2011
$33M
+7%
2010
$31M
+11%
2009
$28M
+0%
2008
$28M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$62M
Q4 2024
$56M
Q4 2023
$50M
Q4 2022
$47M
Q4 2021
$40M
Q4 2020
$38M
Q4 2019
$37M
Q4 2018
$39M
Q4 2017
$46M
Q4 2016
$47M
Q4 2015
$49M
Q4 2014
$48M
Source: HSY on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.