Cts (CTS) Research & Development (2010 - 2026)
Cts' Research & Development came in at $4.76 million for Q2 2026, down 24.7% from $6.33 million a year earlier and down 28.2% from the prior quarter.
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Analysis
Cts (CTS) Research & Development (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cts reported Research & Development of $24.15 million, up 4.0% year-over-year; for FY2025, it was $25.27 million, up 8.0% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- Going back by year, Research & Development was $23.39 million in FY2024 (-6.1%), $24.92 million in FY2023 (+3.4%), $24.1 million in FY2022 (+1.0%) and $23.86 million in FY2021 (-1.9%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q3 2012.
- Year-over-year, Research & Development increased in five of the last eight quarters, with growth averaging 0.9%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2025 (growth of 37.2%), and the weakest in Q2 2026 (a decline of 24.7%).
- Business Quant data shows CTS's Research & Development at $6.63 million (Q1 2026), $5.85 million (Q4 2025) and $6.9 million (Q3 2025) in the three quarters before Q2 2026.
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 | Cts | 1.70 Bn | 1.30 Bn | 60.05 Mn | 4.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.76 Mn |
| Mar 31, 2026 | 6.63 Mn |
| Dec 31, 2025 | 5.85 Mn |
| Sep 30, 2025 | 6.90 Mn |
| Jun 30, 2025 | 6.33 Mn |
| Mar 31, 2025 | 6.19 Mn |
| Dec 31, 2024 | 5.67 Mn |
| Sep 30, 2024 | 5.03 Mn |
| Jun 30, 2024 | 6.09 Mn |
| Mar 31, 2024 | 6.60 Mn |
| Dec 31, 2023 | 5.29 Mn |
| Sep 30, 2023 | 6.32 Mn |
| Jun 30, 2023 | 6.72 Mn |
| Mar 31, 2023 | 6.59 Mn |
| Dec 31, 2022 | 5.41 Mn |
| Sep 30, 2022 | 6.21 Mn |
| Jun 30, 2022 | 6.29 Mn |
| Mar 31, 2022 | 6.19 Mn |
| Dec 31, 2021 | 5.69 Mn |
| Sep 30, 2021 | 6.45 Mn |
API Access
Cts 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=CTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CTS", "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=CTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();