Agco (AGCO) Research & Development (2009 - 2026)
Agco (AGCO) reported Research & Development of $132.6 million for Q1 2026, up 14.31% on a YoY basis from $116.0 million in Q1 2025, and up 1.3% quarter-over-quarter from $130.9 million in Q4 2025.
Agco (AGCO) Research & Development (2009 - 2026) Analysis & Trends
Agco has reported Research & Development for 18 years, with the latest figure at $132.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 14.31% year-over-year to $132.6 million; the trailing twelve-month figure through Mar 2026 stood at $504.3 million (up 5.48% YoY), and the FY2025 full-year result was $487.7 million, down 1.08% from the prior year.
- Research & Development for Q1 2026 stood at $132.6 million, up from $130.9 million in the prior quarter.
- The five-year high for Research & Development was $150.8 million in Q4 2023, with the low at $100.3 million in Q1 2022.
- Historically, Research & Development has averaged $123.9 million across 5 years, with a median of $123.0 million in 2025.
- Annual changes were most pronounced in 2023 — Research & Development jumped 33.33% — and 2024, when it slumped 31.7%.
- Agco's Research & Development stood at $132.1 million in 2022, then rose by 14.16% to $150.8 million in 2023, then tumbled by 31.7% to $103.0 million in 2024, then gained by 27.09% to $130.9 million in 2025, then grew by 1.3% to $132.6 million in 2026.
- The last three Research & Development figures came in at $132.6 million (Q1 2026), $130.9 million (Q4 2025), and $123.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 537.00 Mn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 109.10 Mn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | - |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | - |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | - |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | - |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 4.08 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | - |
| 10 | Agco | - | - | 581.40 Mn | 132.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 132.60 Mn |
| Dec 31, 2025 | 130.90 Mn |
| Sep 30, 2025 | 123.00 Mn |
| Jun 30, 2025 | 117.80 Mn |
| Mar 31, 2025 | 116.00 Mn |
| Dec 31, 2024 | 103.00 Mn |
| Sep 30, 2024 | 121.30 Mn |
| Jun 30, 2024 | 137.80 Mn |
| Mar 31, 2024 | 130.90 Mn |
| Dec 31, 2023 | 150.80 Mn |
| Sep 30, 2023 | 139.60 Mn |
| Jun 30, 2023 | 138.80 Mn |
| Mar 31, 2023 | 119.60 Mn |
| Dec 31, 2022 | 132.10 Mn |
| Sep 30, 2022 | 104.70 Mn |
| Jun 30, 2022 | 107.10 Mn |
| Mar 31, 2022 | 100.30 Mn |
| Dec 31, 2021 | 109.50 Mn |
| Sep 30, 2021 | 92.80 Mn |
| Jun 30, 2021 | 107.20 Mn |