Top Technology Stocks by R&D Spending 2026

▤ Summary

This ranking orders technology companies by reported R&D spending using their most recent annual SEC filings. It explains how R&D functions across software, semiconductor, and platform businesses and how expensing and stock-based compensation can distort margin comparisons. It recommends readers pair R&D totals with revenue, net income, and free cash flow to evaluate spending relative to business scale and cash conversion. The dataset covers 100 companies as of FY2025 and is refreshed as firms file new 10-K/20-F reports; it is presented as research, not investment advice.

▦ Linked Companies