Ituran Location & Control (ITRN) Research & Development (2009 - 2026)
Ituran Location & Control (ITRN) recorded Research & Development of $5.54 million in Q2 2026, up 9.5% from $5.06 million a year earlier and up 10.4% from the prior quarter.
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Analysis
Ituran Location & Control (ITRN) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Ituran Location & Control's Research & Development came in at $21.44 million as of Jun 30, 2026, up 13.5% year-over-year; for FY2025, it came in at $20.81 million, up 15.0% from FY2024.
- Annual Research & Development has increased for five straight years, with a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $18.09 million in FY2024 (+6.5%), $16.99 million in FY2023 (+0.8%), $16.85 million in FY2022 (+19.5%) and $14.1 million in FY2021 (+10.4%).
- Quarterly Research & Development has ranged from $3.33 million in Q3 2021 to $5.73 million in Q3 2025 over the past five years.
- On a year-over-year basis, Research & Development has increased for ten consecutive quarters, with growth averaging 10.1% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 40.0% in Q4 2021, against a decline of 8.1% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.02 million (Q1 2026), $5.15 million (Q4 2025) and $5.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn | 92.20 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn | 177.10 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Ituran Location & Control | 1.01 Bn | 609.46 Mn | 53.35 Mn | 5.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.54 Mn |
| Mar 31, 2026 | 5.02 Mn |
| Dec 31, 2025 | 5.15 Mn |
| Sep 30, 2025 | 5.73 Mn |
| Jun 30, 2025 | 5.06 Mn |
| Mar 31, 2025 | 4.86 Mn |
| Dec 31, 2024 | 4.48 Mn |
| Sep 30, 2024 | 4.49 Mn |
| Jun 30, 2024 | 4.59 Mn |
| Mar 31, 2024 | 4.52 Mn |
| Dec 31, 2023 | 4.24 Mn |
| Sep 30, 2023 | 4.39 Mn |
| Jun 30, 2023 | 4.22 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Dec 31, 2022 | 4.62 Mn |
| Sep 30, 2022 | 4.10 Mn |
| Jun 30, 2022 | 3.99 Mn |
| Mar 31, 2022 | 4.14 Mn |
| Dec 31, 2021 | 3.93 Mn |
| Sep 30, 2021 | 3.33 Mn |
API Access
Ituran Location & Control Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ITRN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ITRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ITRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();