Eaton (ETN) Cost of Revenue (2012 - 2026)
Eaton's (ETN) quarterly Cost of Revenue came in at $5.7 billion in Q2 2026, up 28.1% year-over-year from $4.4 billion in Q2 2025, and up 18.27% quarter-over-quarter from $4.8 billion in Q1 2026.
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Eaton (ETN) Cost of Revenue (2012 - 2026) Analysis & Trends
Eaton (ETN) has reported Cost of Revenue for 15 consecutive years, with $5.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 28.1% year-over-year to $5.7 billion in Q2 2026; TTM through Jun 2026 was $19.2 billion, a 19.75% increase from a year earlier, with the FY2025 full-year figure at $17.1 billion, up 11.42% from the prior year.
- Cost of Revenue was $5.7 billion for Q2 2026 at Eaton, up from $4.8 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $5.7 billion in Q2 2026 and troughed at $3.3 billion in Q1 2022.
- A 5-year average of $4.0 billion and a median of $3.8 billion in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue dropped 1.13% in 2022 and climbed 28.1% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $3.5 billion in 2022, then gained by 5.25% to $3.7 billion in 2023, then climbed by 2.12% to $3.8 billion in 2024, then climbed by 16.95% to $4.5 billion in 2025, then rose by 27.35% to $5.7 billion in 2026.
- The last three Cost of Revenue figures came in at $5.7 billion (Q2 2026), $4.8 billion (Q1 2026), and $4.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 290.00 Mn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 2.04 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 3.82 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 2.22 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 6.99 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.68 Bn |
| Mar 31, 2026 | 4.80 Bn |
| Dec 31, 2025 | 4.46 Bn |
| Sep 30, 2025 | 4.31 Bn |
| Jun 30, 2025 | 4.43 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 3.81 Bn |
| Sep 30, 2024 | 3.90 Bn |
| Jun 30, 2024 | 3.94 Bn |
| Mar 31, 2024 | 3.73 Bn |
| Dec 31, 2023 | 3.73 Bn |
| Sep 30, 2023 | 3.68 Bn |
| Jun 30, 2023 | 3.75 Bn |
| Mar 31, 2023 | 3.60 Bn |
| Dec 31, 2022 | 3.55 Bn |
| Sep 30, 2022 | 3.55 Bn |
| Jun 30, 2022 | 3.51 Bn |
| Mar 31, 2022 | 3.27 Bn |
| Dec 31, 2021 | 3.23 Bn |
| Sep 30, 2021 | 3.34 Bn |
API Access
Eaton Cost of Revenue 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=cost-of-revenue&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ETN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();