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| 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 |