CNH Industrial (CNH) Research & Development (2013 - 2026)
CNH Industrial (CNH) recorded Research & Development of $230 million in Q2 2026, up 5.5% from $218 million a year earlier but down 0.9% from the prior quarter.
CNH Industrial (CNH) Research & Development (2013 - 2026) Analysis & Trends
On a TTM basis, CNH Industrial's Research & Development came in at $1.09 billion as of Jun 30, 2026, up 26.0% year-over-year; for FY2025, it was $1.03 billion, up 10.9% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $924 million in FY2024 (-11.2%), $1.04 billion in FY2023 (+20.2%), $866 million in FY2022 (+34.9%) and $642 million in FY2021 (+30.2%).
- Quarterly Research & Development has ranged from $157 million in Q3 2021 to $342 million in Q4 2025 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with growth averaging 5.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 43.7% in Q4 2025, against a decline of 30.5% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $232 million (Q1 2026), $342 million (Q4 2025) and $281 million (Q3 2025).
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 | CNH Industrial | 16.42 Bn | 8.13 Bn | 1.41 Bn | 230.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 230.00 Mn |
| Mar 31, 2026 | 232.00 Mn |
| Dec 31, 2025 | 342.00 Mn |
| Sep 30, 2025 | 281.00 Mn |
| Jun 30, 2025 | 218.00 Mn |
| Mar 31, 2025 | 184.00 Mn |
| Dec 31, 2024 | 238.00 Mn |
| Sep 30, 2024 | 221.00 Mn |
| Jun 30, 2024 | 237.00 Mn |
| Mar 31, 2024 | 228.00 Mn |
| Dec 31, 2023 | 275.00 Mn |
| Sep 30, 2023 | 266.00 Mn |
| Jun 30, 2023 | 269.00 Mn |
| Mar 31, 2023 | 231.00 Mn |
| Dec 31, 2022 | 257.00 Mn |
| Sep 30, 2022 | 213.00 Mn |
| Jun 30, 2022 | 212.00 Mn |
| Mar 31, 2022 | 184.00 Mn |
| Dec 31, 2021 | 189.00 Mn |
| Sep 30, 2021 | 157.00 Mn |
CNH Industrial 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=CNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CNH", "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=CNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();