Itt (ITT) Research & Development (2009 - 2026)
Itt (ITT) recorded Research & Development of $35.8 million in Q2 2026, up 31.6% from $27.2 million a year earlier and up 8.2% from the prior quarter.
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Analysis
Itt (ITT) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Itt's Research & Development came in at $123.8 million as of Jul 4, 2026, up 13.5% year-over-year; for FY2025, it was $110.8 million, down 4.7% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $116.3 million in FY2024 (+13.4%), $102.6 million in FY2023 (+6.3%), $96.5 million in FY2022 (+1.7%) and $94.9 million in FY2021 (+11.8%).
- The Q2 2026 figure is the highest quarterly Research & Development since Q3 2010.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 7.1%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 31.6% in Q2 2026, against a decline of 15.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $33.1 million (Q1 2026), $26.8 million (Q4 2025) and $28.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Itt | 18.52 Bn | 15.08 Bn | 510.10 Mn | 35.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 35.80 Mn |
| Apr 4, 2026 | 33.10 Mn |
| Dec 31, 2025 | 26.80 Mn |
| Sep 27, 2025 | 28.10 Mn |
| Jun 28, 2025 | 27.20 Mn |
| Mar 29, 2025 | 25.30 Mn |
| Dec 31, 2024 | 28.00 Mn |
| Sep 28, 2024 | 28.60 Mn |
| Jun 29, 2024 | 29.70 Mn |
| Mar 30, 2024 | 30.00 Mn |
| Dec 31, 2023 | 25.50 Mn |
| Sep 30, 2023 | 25.00 Mn |
| Jul 1, 2023 | 25.70 Mn |
| Apr 1, 2023 | 26.40 Mn |
| Dec 31, 2022 | 22.80 Mn |
| Oct 1, 2022 | 24.40 Mn |
| Jul 2, 2022 | 24.30 Mn |
| Apr 2, 2022 | 25.00 Mn |
| Dec 31, 2021 | 24.90 Mn |
| Oct 2, 2021 | 22.50 Mn |
API Access
Itt 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=ITT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ITT", "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=ITT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();