Hexcel (HXL) Research & Development (2009 - 2026)
Hexcel posted quarterly Research & Development of $17.8 million for Q1 2026, up 28.99% year-on-year from $13.8 million in Q1 2025, and up 24.48% on a QoQ basis from $14.3 million in Q4 2025.
Hexcel (HXL) has 18 years of Research & Development data on file, last reported at $17.8 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 28.99% year-over-year to $17.8 million; the trailing twelve-month figure through Mar 2026 stood at $60.4 million (up 8.24% YoY), and the FY2025 full-year result was $56.4 million, down 1.23% from the prior year.
- Research & Development for Q1 2026 stood at $17.8 million, up from $14.3 million in the prior quarter.
- Across five years, Research & Development topped out at $17.8 million in Q1 2026 and bottomed at $10.9 million in Q1 2022.
- The 5-year median for Research & Development is $13.8 million (2024), against an average of $13.5 million.
- The widest annual swing landed in 2025, when Research & Development decreased 8.61%; it then increased 28.99% in 2026.
- A 5-year view of Research & Development shows it stood at $12.0 million in 2022, then gained by 0.83% to $12.1 million in 2023, then rose by 11.57% to $13.5 million in 2024, then advanced by 5.93% to $14.3 million in 2025, then grew by 24.48% to $17.8 million in 2026.
- The last three Research & Development figures came in at $17.8 million (Q1 2026), $14.3 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 440.00 Mn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 627.00 Mn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 903.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | - |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 80.51 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | - |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | - |
| 10 | Hexcel | 6.54 Bn | 6.49 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 |
| Mar 31, 2021 | 11.60 Mn |
| Dec 31, 2020 | 10.60 Mn |
| Sep 30, 2020 | 10.70 Mn |
| Jun 30, 2020 | 11.30 Mn |
| Mar 31, 2020 | 14.00 Mn |
| Dec 31, 2019 | 13.20 Mn |
| Sep 30, 2019 | 14.20 Mn |
| Jun 30, 2019 | 14.20 Mn |
| Mar 31, 2019 | 14.90 Mn |
| Dec 31, 2018 | 15.20 Mn |
| Sep 30, 2018 | 13.90 Mn |
| Jun 30, 2018 | 13.00 Mn |
| Mar 31, 2018 | 13.80 Mn |
| Dec 31, 2017 | 12.90 Mn |
| Sep 30, 2017 | 11.80 Mn |
| Jun 30, 2017 | 12.10 Mn |
| Mar 31, 2017 | 12.60 Mn |
| Dec 31, 2016 | 12.10 Mn |
| Sep 30, 2016 | 11.50 Mn |
| Jun 30, 2016 | 11.60 Mn |
| Mar 31, 2016 | 11.70 Mn |
| Dec 31, 2015 | 10.80 Mn |
| Sep 30, 2015 | 10.60 Mn |
| Jun 30, 2015 | 10.40 Mn |
| Mar 31, 2015 | 12.50 Mn |
| Dec 31, 2014 | 13.30 Mn |
| Sep 30, 2014 | 10.10 Mn |
| Jun 30, 2014 | 10.90 Mn |
| Mar 31, 2014 | 13.60 Mn |
| Dec 31, 2013 | 10.40 Mn |
| Sep 30, 2013 | 10.20 Mn |
| Jun 30, 2013 | 10.10 Mn |
| Mar 31, 2013 | 11.00 Mn |
| Dec 31, 2012 | 10.00 Mn |
| Sep 30, 2012 | 8.90 Mn |
| Jun 30, 2012 | 8.60 Mn |
| Mar 31, 2012 | 9.20 Mn |
| Dec 31, 2011 | 8.20 Mn |
| Sep 30, 2011 | 7.90 Mn |
| Jun 30, 2011 | 7.90 Mn |
| Mar 31, 2011 | 8.60 Mn |
| Dec 31, 2010 | 7.80 Mn |
| Sep 30, 2010 | 7.30 Mn |
| Jun 30, 2010 | 8.30 Mn |
| Mar 31, 2010 | 7.40 Mn |
| Dec 31, 2009 | 7.50 Mn |
| Sep 30, 2009 | 8.40 Mn |
| Jun 30, 2009 | 6.40 Mn |