R&D expense · 2011–2025

Insmed R&D expense

$771M+28.9% · FY2025

Insmed (INSM) reported $771M in R&D expense for fiscal 2025, +28.9% year on year.

$28.6M2011$29.8M2012$44.3M2013$56.3M2014$74.3M2015$123M2016$110M2017$145M2018$132M2019$181M2020$273M2021$398M2022$571M2023$598M2024$771M2025
Insmed — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$771M+28.9%Open →
FY20242024-12-31$598M+4.8%Open →
FY20232023-12-31$571M+43.6%Open →
FY20222022-12-31$398M+45.7%Open →
FY20212021-12-31$273M+50.6%Open →
FY20202020-12-31$181M+37.5%Open →
FY20192019-12-31$132M−9.3%Open →
FY20182018-12-31$145M+32.4%Open →
FY20172017-12-31$110M−10.6%Open →
FY20162016-12-31$123M+65.2%Open →
FY20152015-12-31$74.3M+31.9%Open →
FY20142014-12-31$56.3M+27.1%Open →
FY20132013-12-31$44.3M+48.7%Open →
FY20122012-12-31$29.8M+4.0%Open →
FY20112011-12-31$28.6M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +26.5%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Insmed R&D expense |url=https://companiesranked.com/en/company/insmed/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Insmed R&D expense. CompaniesRanked. https://companiesranked.com/en/company/insmed/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-insmed-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Insmed R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/insmed/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001104506-26-000009 · February 19, 2026

{{cite web |title=Insmed R&D expense — 10-K (0001104506-26-000009) |url=https://www.sec.gov/Archives/edgar/data/1104506/000110450626000009/insm-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-19}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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