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
Download Data
Historic 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 |