Hexcel (HXL) Research & Development (2009 - 2026)
Hexcel (HXL) posted Research & Development of $17.8 million for Q1 2026, up 24.48% quarter-over-quarter from $14.3 million in Q4 2025, and up 28.99% year-on-year from $13.8 million in Q1 2025.
Hexcel (HXL) Research & Development (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Research & Development for 18 consecutive years, with $17.8 million the latest figure, recorded in Q1 2026.
- Research & Development for Q1 2026 came in at $17.8 million, up 28.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $60.4 million (up 8.24% YoY), and the FY2025 annual result was $56.4 million, down 1.23% from the prior year.
- Research & Development was $17.8 million for Q1 2026 at Hexcel, up from $14.3 million in the prior quarter.
- Over five years, Research & Development peaked at $17.8 million in Q1 2026 and troughed at $10.9 million in Q1 2022.
- Average Research & Development over 5 years is $13.5 million, with a median of $13.8 million recorded in 2024.
- Year-over-year, Research & Development dropped 8.61% in 2025 and gained 28.99% in 2026.
- Over 5 years, Research & Development stood at $12.0 million in 2022, then climbed by 0.83% to $12.1 million in 2023, then advanced by 11.57% to $13.5 million in 2024, then grew by 5.93% to $14.3 million in 2025, then rose by 24.48% to $17.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $17.8 million in Q1 2026, $14.3 million in Q4 2025, and $14.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 903.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 627.00 Mn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 9.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | - |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | - |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 80.51 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | - |
| 10 | Hexcel | 7.44 Bn | 7.39 Bn | 134.70 Mn | 17.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.80 Mn |
| Dec 31, 2025 | 14.30 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 14.30 Mn |
| Mar 31, 2025 | 13.80 Mn |
| Dec 31, 2024 | 13.50 Mn |
| Sep 30, 2024 | 13.80 Mn |
| Jun 30, 2024 | 14.70 Mn |
| Mar 31, 2024 | 15.10 Mn |
| Dec 31, 2023 | 12.10 Mn |
| Sep 30, 2023 | 13.40 Mn |
| Jun 30, 2023 | 13.30 Mn |
| Mar 31, 2023 | 13.90 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 11.60 Mn |
| Jun 30, 2022 | 11.30 Mn |
| Mar 31, 2022 | 10.90 Mn |
| Dec 31, 2021 | 11.60 Mn |
| Sep 30, 2021 | 10.40 Mn |
| Jun 30, 2021 | 11.50 Mn |