Altria (MO) r&d spend was $195M in FY2025 (-6% 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
$195M
-6%
2024
$208M
-5%
2023
$220M
+36%
2022
$162M
+12%
2021
$145M
+11%
2020
$131M
-22%
2019
$168M
-33%
2018
$252M
+5%
2017
$241M
+19%
2016
$203M
+9%
2015
$186M
+11%
2014
$167M
+9%
2013
$153M
+12%
2012
$136M
+6%
2011
$128M
-11%
2010
$144M
-19%
2009
$177M
-24%
2008
$232M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$195M
Q4 2024
$208M
Q4 2023
$220M
Q4 2022
$162M
Q4 2021
$145M
Q4 2020
$131M
Q4 2019
$168M
Q4 2018
$252M
Q4 2017
$241M
Q4 2016
$203M
Q4 2015
$186M
Q4 2014
$167M
Source: MO on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.