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
DateValue
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