Eaton ETN
NYSE ETN
$415.32 -6.82 (-1.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

Eaton (ETN) Research & Development (2012 - 2026)

Eaton's (ETN) quarterly Research & Development came in at $227.0 million in Q2 2026, up 18.23% year-over-year from $192.0 million in Q2 2025, and up 7.58% quarter-over-quarter from $211.0 million in Q1 2026.

Analysis

Eaton (ETN) Research & Development (2012 - 2026) Analysis & Trends

Eaton (ETN) has reported Research & Development for 15 consecutive years, with $227.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 18.23% year-over-year to $227.0 million in Q2 2026; TTM through Jun 2026 was $844.0 million, a 5.76% increase from a year earlier, with the FY2025 full-year figure at $797.0 million, changed 0.38% from the prior year.
  • Research & Development was $227.0 million for Q2 2026 at Eaton, up from $211.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $227.0 million in Q2 2026 and troughed at $165.0 million in Q1 2022.
  • A 5-year average of $191.4 million and a median of $194.0 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development rose 20.36% in 2023 and dropped 2.04% in 2025, its largest moves.
  • Over 5 years, Research & Development stood at $167.0 million in 2022, then grew by 20.36% to $201.0 million in 2023, then changed by 0.0% to $201.0 million in 2024, then increased by 1.0% to $203.0 million in 2025, then rose by 11.82% to $227.0 million in 2026.
  • The last three Research & Development figures came in at $227.0 million (Q2 2026), $211.0 million (Q1 2026), and $203.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amphenol 200.46 Bn 194.35 Bn 3.55 Bn -
2 Eaton 161.54 Bn 160.85 Bn 2.86 Bn 227.00 Mn
3 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn -
4 TE Connectivity 59.59 Bn 58.35 Bn 1.84 Bn 230.00 Mn
5 nVent Electric 25.65 Bn 25.40 Bn 558.00 Mn 24.50 Mn
6 Hubbell 24.08 Bn 23.69 Bn 613.00 Mn -
7 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 65.00 Mn
8 Aptiv 9.45 Bn 8.69 Bn 775.00 Mn -
9 Valmont Industries 9.30 Bn 9.17 Bn 340.82 Mn -
10 Vicor 8.40 Bn 7.95 Bn 83.12 Mn 20.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 227.00 Mn
Mar 31, 2026 211.00 Mn
Dec 31, 2025 203.00 Mn
Sep 30, 2025 203.00 Mn
Jun 30, 2025 192.00 Mn
Mar 31, 2025 198.00 Mn
Dec 31, 2024 201.00 Mn
Sep 30, 2024 207.00 Mn
Jun 30, 2024 196.00 Mn
Mar 31, 2024 189.00 Mn
Dec 31, 2023 201.00 Mn
Sep 30, 2023 187.00 Mn
Jun 30, 2023 187.00 Mn
Mar 31, 2023 179.00 Mn
Dec 31, 2022 167.00 Mn
Sep 30, 2022 165.00 Mn
Jun 30, 2022 168.00 Mn
Mar 31, 2022 165.00 Mn
Dec 31, 2021 162.00 Mn
Sep 30, 2021 152.00 Mn