P&G (PG) r&d spend was $2.1B in FY2025 (+5% 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
$2.1B
+5%
2024
$2.0B
+0%
2023
$2.0B
+0%
2022
$2.0B
+5%
2021
$1.9B
+6%
2020
$1.8B
-5%
2019
$1.9B
+0%
2018
$1.9B
+0%
2017
$1.9B
+0%
2016
$1.9B
-5%
2015
$2.0B
+5%
2014
$1.9B
+0%
2013
$1.9B
-5%
2012
$2.0B
+0%
2011
$2.0B
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2025
$2.1B
Q2 2024
$2.0B
Q2 2023
$2.0B
Q2 2022
$2.0B
Q2 2021
$1.9B
Q2 2020
$1.8B
Q2 2019
$1.9B
Q2 2018
$1.9B
Q2 2017
$1.9B
Q2 2016
$1.9B
Q2 2015
$2.0B
Q2 2014
$1.9B
Source: PG on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.