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AUTOMATIC DATA PROCESSING INC R&D Expense 2022-2026 | ADP

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is AUTOMATIC DATA PROCESSING INC's current r&d expense?

AUTOMATIC DATA PROCESSING INC (ADP) annual r&d expense for 2025 was $988.6M, a 3.44% increase from 2024. AUTOMATIC DATA PROCESSING INC r&d expense for the quarter ending December 31, 2025 was $257.8M.

What was AUTOMATIC DATA PROCESSING INC's r&d expense in 2024?

AUTOMATIC DATA PROCESSING INC annual r&d expense for 2024 was $955.7M, a 13.13% increase from 2023.

What was AUTOMATIC DATA PROCESSING INC's r&d expense in 2023?

AUTOMATIC DATA PROCESSING INC annual r&d expense for 2023 was $844.8M, a 5.79% increase from 2022.

What is AUTOMATIC DATA PROCESSING INC's 3-year r&d expense CAGR?

AUTOMATIC DATA PROCESSING INC r&d expense grew at a compound annual growth rate (CAGR) of 7.37% from FY2022 to FY2025, going from $798.6M to $988.6M over 3 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+7.4%
FY2022
$798.6M
FY2025
$988.6M
22232425
3 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$988.6M+3.4%10-K
FY2024$955.7M+13.1%10-K
FY2023$844.8M+5.8%10-K
FY2022$798.6M-10-K
Company: AUTOMATIC DATA PROCESSING INCTicker: ADPSector: TechnologyIndustry: Services-Computer Processing & Data PreparationView company profile →