Belden (BDC) Research & Development (2009 - 2026)
Belden (BDC) recorded Research & Development of $31.71 million in Q2 2026, down 6.6% from $33.94 million a year earlier but up 5.4% from the prior quarter.
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Analysis
Belden (BDC) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Belden's Research & Development came in at $128.2 million as of Jun 28, 2026, up 7.5% year-over-year; for FY2025, it came in at $128.76 million, up 14.6% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $112.37 million in FY2024 (-3.5%), $116.43 million in FY2023 (+11.6%), $104.35 million in FY2022 (+15.7%) and $90.23 million in FY2021 (+23.6%).
- Quarterly Research & Development has ranged from $22.12 million in Q4 2021 to $33.94 million in Q2 2025 over the past five years.
- On a year-over-year basis, Research & Development rose in six of the last eight quarters, with growth averaging 7.7%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 29.3% in Q4 2022, against a decline of 23.4% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $30.09 million (Q1 2026), $32.54 million (Q4 2025) and $33.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Belden | 4.29 Bn | 2.96 Bn | 293.62 Mn | 31.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 31.71 Mn |
| Mar 29, 2026 | 30.09 Mn |
| Dec 31, 2025 | 32.54 Mn |
| Sep 28, 2025 | 33.86 Mn |
| Jun 29, 2025 | 33.94 Mn |
| Mar 30, 2025 | 28.42 Mn |
| Dec 31, 2024 | 28.97 Mn |
| Sep 29, 2024 | 27.94 Mn |
| Jun 30, 2024 | 28.46 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 25.88 Mn |
| Oct 1, 2023 | 30.19 Mn |
| Jul 2, 2023 | 30.97 Mn |
| Apr 2, 2023 | 29.38 Mn |
| Dec 31, 2022 | 28.60 Mn |
| Oct 2, 2022 | 26.31 Mn |
| Jul 3, 2022 | 25.99 Mn |
| Apr 3, 2022 | 23.46 Mn |
| Dec 31, 2021 | 22.12 Mn |
| Oct 3, 2021 | 23.24 Mn |
API Access
Belden Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();