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

Eaton (ETN) reported Research & Development of $211.0 million for Q1 2026, up 6.57% year-over-year from $198.0 million in Q1 2025, and up 3.94% quarter-over-quarter from $203.0 million in Q4 2025.

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

Eaton (ETN) has 15 years of Research & Development data on file, last reported at $211.0 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $211.0 million, up 6.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $809.0 million (up 0.87% YoY), and the FY2025 annual result was $797.0 million, changed 0.38% from the prior year.
  • Research & Development improved to $211.0 million in Q1 2026 per ETN's latest filing, from $203.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $211.0 million in Q1 2026 and troughed at $165.0 million in Q1 2022.
  • A 5-year average of $189.4 million and a median of $192.0 million in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2025: Research & Development gained 20.36% in 2023, then declined 2.04% in 2025.
  • A 5-year view of Research & Development shows it stood at $167.0 million in 2022, then increased by 20.36% to $201.0 million in 2023, then changed by 0.0% to $201.0 million in 2024, then rose by 1.0% to $203.0 million in 2025, then grew by 3.94% to $211.0 million in 2026.
  • Business Quant data shows ETN's Research & Development at $211.0 million in Q1 2026, $203.0 million in Q4 2025, and $203.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 304.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 180.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 154.00 Mn