Eaton (ETN) Research & Development (2012 - 2026)
Eaton's (ETN) quarterly Research & Development came in at $211.0 million in Q1 2026, up 6.57% year-on-year from $198.0 million in Q1 2025, and up 3.94% on a QoQ basis 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.
- On a quarterly basis, Research & Development rose 6.57% year-over-year to $211.0 million in Q1 2026; TTM through Mar 2026 was $809.0 million, a 0.87% increase from a year earlier, with the FY2025 full-year figure at $797.0 million, changed 0.38% from the prior year.
- Research & Development for Q1 2026 stood at $211.0 million, up from $203.0 million in the prior quarter.
- Over the last five years, Research & Development for ETN reached as high as $211.0 million in Q1 2026 and fell as low as $165.0 million in Q1 2022.
- Historically, Research & Development has averaged $189.4 million across 5 years, with a median of $192.0 million in 2025.
- Across the five-year window, Research & Development increased 20.36% in 2023 and slipped 2.04% in 2025, its largest moves.
- Year by year, Research & Development stood at $167.0 million in 2022, then advanced by 20.36% to $201.0 million in 2023, then changed by 0.0% to $201.0 million in 2024, then climbed by 1.0% to $203.0 million in 2025, then gained by 3.94% to $211.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $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 | 270.93 Bn | 257.81 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 211.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | - |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 358.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 180.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | - |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 56.00 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 |