Hexcel (HXL) Research & Development (2009 - 2026)
Hexcel's (HXL) quarterly Research & Development came in at $17.3 million in Q2 2026, up 20.98% on a YoY basis from $14.3 million in Q2 2025, and down 2.81% quarter-over-quarter from $17.8 million in Q1 2026.
Analysis
Hexcel (HXL) Research & Development (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Research & Development for 18 consecutive years, with $17.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 20.98% year-over-year to $17.3 million; the trailing twelve-month figure through Jun 2026 stood at $63.4 million (up 14.44% YoY), and the FY2025 full-year result was $56.4 million, down 1.23% from the prior year.
- Research & Development retreated to $17.3 million in Q2 2026 per HXL's latest filing, from $17.8 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.
- Historically, Research & Development has averaged $13.7 million across 5 years, with a median of $13.8 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Research & Development slipped 8.61% in 2025, then rose 28.99% in 2026.
- Over 5 years, Research & Development stood at $12.0 million in 2022, then advanced by 0.83% to $12.1 million in 2023, then gained by 11.57% to $13.5 million in 2024, then climbed by 5.93% to $14.3 million in 2025, then gained by 20.98% to $17.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $17.3 million, $17.8 million, and $14.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 140.57 Bn | 138.07 Bn | 1.63 Bn | 299.00 Mn |
| 2 | Ati | 27.14 Bn | 26.36 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 25.86 Bn | 24.90 Bn | 666.00 Mn | 98.00 Mn |
| 4 | International Flavors & Fragrances | 21.43 Bn | 20.86 Bn | 853.00 Mn | 170.00 Mn |
| 5 | DuPont de Nemours | 17.29 Bn | 15.55 Bn | 639.00 Mn | 42.00 Mn |
| 6 | Avery Dennison | 12.89 Bn | 12.67 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 9.77 Bn | 9.02 Bn | 370.00 Mn | 25.00 Mn |
| 8 | Element Solutions | 8.34 Bn | 8.15 Bn | 334.00 Mn | 19.50 Mn |
| 9 | Eastman Chemical | 7.81 Bn | 7.12 Bn | 560.00 Mn | 65.00 Mn |
| 10 | Hexcel | 6.78 Bn | 6.72 Bn | 138.10 Mn | 17.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.30 Mn |
| 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 |