Axalta Coating Systems (AXTA) Research & Development (2013 - 2026)
Axalta Coating Systems (AXTA) posted quarterly Research & Development of $18.0 million for Q2 2026, down 10.0% year-over-year from $20.0 million in Q2 2025, and little changed quarter-over-quarter from $18.0 million in Q1 2026.
Axalta Coating Systems (AXTA) Research & Development (2013 - 2026) Analysis & Trends
Axalta Coating Systems (AXTA) has reported Research & Development for 14 consecutive years, with $18.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development fell 10.0% year-over-year to $18.0 million; the TTM figure through Jun 2026 stood at $70.0 million (down 6.67% YoY), while the FY2025 annual figure was $71.0 million, down 4.05% from the prior year.
- Research & Development was little changed at $18.0 million in Q2 2026 per AXTA's latest filing, from $18.0 million in the prior quarter.
- Across five years, Research & Development topped out at $20.0 million in Q2 2025 and bottomed at $16.0 million in Q4 2025.
- Historically, Research & Development has averaged $17.8 million across 5 years, with a median of $18.0 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development gained 15.85% — and 2025, when it retreated 15.79%.
- Axalta Coating Systems' Research & Development stood at $16.4 million in 2022, then climbed by 9.76% to $18.0 million in 2023, then rose by 5.56% to $19.0 million in 2024, then slipped by 15.79% to $16.0 million in 2025, then increased by 12.5% to $18.0 million in 2026.
- Business Quant data shows AXTA's Research & Development at $18.0 million in Q2 2026, $18.0 million in Q1 2026, and $16.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | - |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | - |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 107.00 Mn |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | - |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 34.00 Mn |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 170.00 Mn |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 42.00 Mn |
| 10 | Axalta Coating Systems | 7.61 Bn | 6.98 Bn | 465.00 Mn | 18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.00 Mn |
| Mar 31, 2026 | 18.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 20.00 Mn |
| Mar 31, 2025 | 17.00 Mn |
| Dec 31, 2024 | 19.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 18.00 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 19.00 Mn |
| Dec 31, 2022 | 16.40 Mn |
| Sep 30, 2022 | 16.50 Mn |
| Jun 30, 2022 | 16.70 Mn |
| Mar 31, 2022 | 16.40 Mn |
| Dec 31, 2021 | 15.60 Mn |
| Sep 30, 2021 | 15.40 Mn |