Donaldson (DCI) Research & Development (2021 - 2026)
Donaldson (DCI) recorded Research & Development of $19.1 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 15.1% from $22.5 million a year earlier and down 0.5% from the prior quarter.
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Analysis
Donaldson (DCI) Research & Development (2021 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Donaldson reported Research & Development of $76.1 million, down 13.3% from FY2025.
- Annual Research & Development has a five-year compound annual growth rate of 2.3% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $87.8 million in FY2025 (-6.2%), $93.6 million in FY2024 (+19.8%), $78.1 million in FY2023 (+13.0%) and $69.1 million in FY2022 (+1.9%).
- Quarterly Research & Development has ranged from $16.5 million in fiscal Q1 2022 to $25.4 million in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Research & Development has declined for seven consecutive quarters, with an average decline of 9.5% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 30.5% in fiscal Q3 2024, against a decline of 15.4% in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $19.2 million (Q3 2026), $18.6 million (Q2 2026) and $19.2 million (Q1 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 | Donaldson | 10.13 Bn | 9.27 Bn | 383.90 Mn | 19.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 19.10 Mn |
| Apr 30, 2026 | 19.20 Mn |
| Jan 31, 2026 | 18.60 Mn |
| Oct 31, 2025 | 19.20 Mn |
| Jul 31, 2025 | 22.50 Mn |
| Apr 30, 2025 | 21.40 Mn |
| Jan 31, 2025 | 21.20 Mn |
| Oct 31, 2024 | 22.70 Mn |
| Jul 31, 2024 | 25.40 Mn |
| Apr 30, 2024 | 24.80 Mn |
| Jan 31, 2024 | 22.10 Mn |
| Oct 31, 2023 | 21.30 Mn |
| Jul 31, 2023 | 21.90 Mn |
| Apr 30, 2023 | 19.00 Mn |
| Jan 31, 2023 | 18.50 Mn |
| Oct 31, 2022 | 18.70 Mn |
| Jul 31, 2022 | 18.60 Mn |
| Apr 30, 2022 | 17.40 Mn |
| Jan 31, 2022 | 16.60 Mn |
| Oct 31, 2021 | 16.50 Mn |
API Access
Donaldson 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=DCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DCI", "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=DCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();