Siemens AG (CEUX:SIED) Research & Development: €6,685.00 Mil (TTM As of Mar. 2026)


What is Siemens AG Research & Development?

Siemens AG CEUX:SIED 81 Research & Development is €6,685.00 Mil as of Mar. 2026. GuruFocus rates CEUX:SIED with a GF Score™ of 81/100. The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Siemens AG's Research & Development for the three months ended in Mar. 2026 was €1,654.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €6,685.00 Mil.

Siemens AG  (CEUX:SIEd) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Siemens AG Research & Development Related Terms

Siemens AG Research & Development Historical Data

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The historical data trend for Siemens AG's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Siemens AG Research & Development Chart

Siemens AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,859.00 5,591.00 6,113.00 6,276.00 6,559.00

Siemens AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,620.00 1,650.00 1,744.00 1,637.00 1,654.00

Siemens AG Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,685.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €6,685.00 Mil mean?
Siemens AG (CEUX:SIED) has a Research & Development of €6,685.00 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Siemens AG and its competitors.
Is Siemens AG's Research & Development too high?
Siemens AG's current Research & Development is €6,685.00 Mil. Overall, Siemens AG has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Siemens AG's Research & Development compare to GEV and ETN?
Siemens AG's Research & Development of €6,685.00 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Siemens AG and its competitors. Siemens AG's current Research & Development is €6,685.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens AG stock overvalued right now?
Siemens AG (CEUX:SIED) has a current Research & Development of €6,685.00 Mil. The current Research & Development is €6,685.00 Mil. Siemens AG's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Siemens AG (CEUX:SIED), the current Research & Development is €6,685.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Siemens AG Business Description

Address Werner-von-Siemens-Street 1, Munich, BY, DEU, 80333
Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 71% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.