Honeywell International (HON) Research & Development (2022 - 2026)
Honeywell International (HON) recorded Research & Development of $524 million in Q2 2026, up 14.2% from $459 million a year earlier and up 6.5% from the prior quarter.
Powered by 
Analysis
Honeywell International (HON) Research & Development (2022 - 2026) Analysis & Trends
On a TTM basis, Honeywell International's Research & Development came in at $1.91 billion as of Jun 30, 2026, up 20.2% year-over-year; for FY2025, it came in at $1.81 billion, up 24.6% from FY2024.
- Annual Research & Development has a four-year compound annual growth rate of 8.0% (FY2021 to FY2025).
- Across earlier years, Research & Development came in at $1.45 billion in FY2024 (+5.7%), $1.38 billion in FY2023 (-7.0%), $1.48 billion in FY2022 (+10.9%) and $1.33 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q1 2022.
- On a year-over-year basis, Research & Development has increased for ten consecutive quarters, with growth averaging 17.8% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 35.1% in Q3 2025, against a decline of 21.4% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $492 million (Q1 2026), $395 million (Q4 2025) and $497 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 524.00 Mn |
| 10 | TransDigm | 60.79 Bn | 48.88 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 524.00 Mn |
| Mar 31, 2026 | 492.00 Mn |
| Dec 31, 2025 | 395.00 Mn |
| Sep 30, 2025 | 497.00 Mn |
| Jun 30, 2025 | 459.00 Mn |
| Mar 31, 2025 | 416.00 Mn |
| Dec 31, 2024 | 344.00 Mn |
| Sep 30, 2024 | 368.00 Mn |
| Jun 30, 2024 | 382.00 Mn |
| Mar 31, 2024 | 360.00 Mn |
| Dec 31, 2023 | 279.00 Mn |
| Sep 30, 2023 | 364.00 Mn |
| Jun 30, 2023 | 375.00 Mn |
| Mar 31, 2023 | 357.00 Mn |
| Dec 31, 2022 | 355.00 Mn |
| Sep 30, 2022 | 387.00 Mn |
| Jun 30, 2022 | 386.00 Mn |
| Mar 31, 2022 | 350.00 Mn |
API Access
Honeywell International Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=HON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=HON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();