R&D expense · 2011–2025

Zoetis R&D expense

$698M+1.7% · FY2025

Zoetis (ZTS) reported $698M in R&D expense for fiscal 2025, +1.7% year on year.

$427M2011$409M2012$399M2013$396M2014$364M2015$376M2016$382M2017$432M2018$457M2019$463M2020$508M2021$539M2022$614M2023$686M2024$698M2025
Zoetis — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$698M+1.7%Open →
FY20242024-12-31$686M+11.7%Open →
FY20232023-12-31$614M+13.9%Open →
FY20222022-12-31$539M+6.1%Open →
FY20212021-12-31$508M+9.7%Open →
FY20202020-12-31$463M+1.3%Open →
FY20192019-12-31$457M+5.8%Open →
FY20182018-12-31$432M+13.1%Open →
FY20172017-12-31$382M+1.6%Open →
FY20162016-12-31$376M+3.3%Open →
FY20152015-12-31$364M−8.1%Open →
FY20142014-12-31$396M−0.8%Open →
FY20132013-12-31$399M−2.4%Open →
FY20122012-12-31$409M−4.2%Open →
FY20112011-12-31$427M—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 +3.6%

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=Zoetis R&D expense |url=https://companiesranked.com/en/company/zoetis/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

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

BibTeX

@misc{companiesranked-en-company-zoetis-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Zoetis R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/zoetis/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 · 0001555280-26-000011 · February 12, 2026

{{cite web |title=Zoetis R&D expense — 10-K (0001555280-26-000011) |url=https://www.sec.gov/Archives/edgar/data/1555280/000155528026000011/zts-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-12}}

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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