Chart 28 · This quarter's big themes
Samsung spent the most on R&D: ≈$28.2B in FY2025
FY2025, FY2026
- Calculated ≈US$: non-USD R&D at one approximate monthly rate per currency (Federal Reserve G.5, Oct 2026).
View sources (10)
- FY2026 4th Quarter Earnings Release · Consolidated statements of operations; row 243; value column index 2; read 2026-11-05 · FY2026 · published 4 Nov 2026
- Micron Form 10-K · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2026 · published 9 Oct 2026
- TSMC Form 20-F · XBRL ifrs-full:ResearchAndDevelopmentExpense; consolidated statements · FY2025 · published 16 Apr 2026
- SK hynix audited consolidated financial statements, 31 Dec 2025 and 2024 (report dated 4 Mar 2026) · Note 25 selling and administrative expenses: research and development expensed (expenditure 6,732,527 less 26… · FY2025 · published 4 Mar 2026
- ASML Form 20-F · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2025 · published 25 Feb 2026
- NVIDIA Form 10-K · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2026 · published 25 Feb 2026
- Samsung Electronics Consolidated Financial Statements December 31, 2025 and 2024 (audited) · Note 22 Selling and Administrative Expenses, Research and development (current-year column) · FY2025 · published 12 Feb 2026
- AMD Form 10-K · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2025 · published 4 Feb 2026
- Intel Form 10-K · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2025 · published 23 Jan 2026
- Broadcom Form 10-K · XBRL us-gaap:ResearchAndDevelopmentExpense; consolidated statements · FY2025 · published 18 Dec 2025
Samsung reported ≈$28.2B of R&D expense in FY2025, followed by NVIDIA ($18.5B) and Intel ($13.8B).
Together the top ten spent ≈$113.2B on research and development in their latest fiscal years.
Not shown: Cadence (no stored R&D expense).
Fiscal years end on different dates, so the ranking compares each company’s latest full year.
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- NVIDIA's share of the industry's net income
- Margin race: gross margin by quarter
- Growth heatmap: revenue growth by company and quarter
- China exposure of chip-equipment makers over time
- Capex race: TSMC, Samsung, Intel, Micron, SK hynix
- Hyperscaler capex intensity: capex as % of revenue
- Arm's royalty vs licence revenue
- Where chip sales are growing: growth by region
- Taiwan chip pulse: monthly revenue of TSMC, UMC, VIS, MediaTek and ASE
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Silicon Analytica