Eaton (ETN) Research & Development (2012 - 2026)
Eaton (ETN) posted quarterly Research & Development of $227.0 million for Q2 2026, up 18.23% year-over-year from $192.0 million in Q2 2025, and up 7.58% on a QoQ basis from $211.0 million in Q1 2026.
Eaton (ETN) Research & Development (2012 - 2026) Analysis & Trends
Eaton has reported Research & Development for 15 years, with the latest figure at $227.0 million in Q2 2026.
- Research & Development for Q2 2026 came in at $227.0 million, up 18.23% year-over-year; the trailing twelve-month figure through Jun 2026 was $844.0 million (up 5.76% YoY), and the FY2025 annual result was $797.0 million, changed 0.38% from the prior year.
- Research & Development rose to $227.0 million in Q2 2026, 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.
- The widest annual swing landed in 2023, when Research & Development increased 20.36%; it then slipped 2.04% in 2025.
- A 5-year view of Research & Development shows it stood at $167.0 million in 2022, then rose by 20.36% to $201.0 million in 2023, then changed by 0.0% to $201.0 million in 2024, then gained by 1.0% to $203.0 million in 2025, then advanced by 11.82% to $227.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $227.0 million in Q2 2026, $211.0 million in Q1 2026, and $203.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |