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| Date | Value |
|---|---|
| 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 |