Honeywell International (HON) Research & Development (2022 - 2026)

Honeywell International (HON) posted quarterly Research & Development of $524.0 million for Q2 2026, up 14.16% year-on-year from $459.0 million in Q2 2025, and up 6.5% on a QoQ basis from $492.0 million in Q1 2026.

Honeywell International (HON) Research & Development (2022 - 2026) Analysis & Trends

Honeywell International (HON) has reported Research & Development for 5 consecutive years, with $524.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Research & Development rose 14.16% year-over-year to $524.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.9 billion (up 20.23% YoY) and the FY2025 annual result came in at $1.8 billion, up 24.62% from the prior year.
  • Research & Development advanced to $524.0 million in Q2 2026 per HON's latest filing, from $492.0 million in the prior quarter.
  • Over the last five years, Research & Development for HON reached as high as $524.0 million in Q2 2026 and fell as low as $279.0 million in Q4 2023.
  • A 5-year average of $393.9 million and a median of $378.5 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development decreased 21.41% — and 2025, when it surged 35.05%.
  • Year by year, Research & Development stood at $355.0 million in 2022, then decreased by 21.41% to $279.0 million in 2023, then climbed by 23.3% to $344.0 million in 2024, then climbed by 14.83% to $395.0 million in 2025, then jumped by 32.66% to $524.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $524.0 million, $492.0 million, and $395.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 3M 88.13 Bn 84.85 Bn 2.68 Bn 302.00 Mn
2 Honeywell International 78.15 Bn 66.84 Bn 3.65 Bn 524.00 Mn
3 Valmont Industries 9.52 Bn 9.36 Bn 316.88 Mn -
4 Brookfield Business 6.56 Bn 5.50 Bn 1.31 Bn -
5 Seaboard 4.44 Bn 3.30 Bn 217.00 Mn -
6 Otter Tail 3.87 Bn 3.47 Bn 239.49 Mn -
7 Tetra Technologies 1.18 Bn 1.14 Bn 38.23 Mn -
8 Deluxe 1.16 Bn 1.13 Bn 279.40 Mn -
9 Matthews International 843.71 Mn 807.63 Mn 101.98 Mn -
10 Compass Diversified Holdings 745.59 Mn 813.24 Mn 189.36 Mn -

Historic Data

Download Data
DateValue
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