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
DateValue
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