Mettler Toledo International (MTD) Research & Development (2009 - 2026)
Mettler Toledo International (MTD) posted quarterly Research & Development of $53.0 million for Q2 2026, up 7.52% year-over-year from $49.3 million in Q2 2025, and up 3.34% on a QoQ basis from $51.3 million in Q1 2026.
Mettler Toledo International (MTD) Research & Development (2009 - 2026) Analysis & Trends
Mettler Toledo International has reported Research & Development for 18 years, with the latest figure at $53.0 million in Q2 2026.
- Research & Development for Q2 2026 came in at $53.0 million, up 7.52% year-over-year; the trailing twelve-month figure through Jun 2026 was $208.0 million (up 7.89% YoY), and the FY2025 annual result was $199.4 million, up 5.29% from the prior year.
- Research & Development advanced to $53.0 million in Q2 2026, from $51.3 million in the prior quarter.
- Over five years, Research & Development peaked at $53.0 million in Q2 2026 and troughed at $43.0 million in Q1 2022.
- A 5-year average of $47.5 million and a median of $46.4 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2024, when Research & Development dropped 3.12%; it then climbed 10.64% in 2026.
- A 5-year view of Research & Development shows it stood at $45.9 million in 2022, then increased by 1.07% to $46.4 million in 2023, then rose by 7.79% to $50.1 million in 2024, then increased by 5.08% to $52.6 million in 2025, then climbed by 0.74% to $53.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $53.0 million in Q2 2026, $51.3 million in Q1 2026, and $52.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.68 Bn | 209.62 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 140.36 Bn | 136.01 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Idexx Laboratories | 46.24 Bn | 46.05 Bn | 779.09 Mn | 171.28 Mn |
| 4 | Agilent Technologies | 39.65 Bn | 37.84 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 39.23 Bn | 37.15 Bn | 1.44 Bn | - |
| 6 | Natera | 38.88 Bn | 37.78 Bn | 696.04 Mn | 210.70 Mn |
| 7 | Illumina | 30.04 Bn | 28.87 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.62 Bn | 28.57 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Quest Diagnostics | 26.22 Bn | 25.59 Bn | 1.03 Bn | - |
| 10 | Labcorp Holdings | 25.83 Bn | 24.85 Bn | 1.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.99 Mn |
| Mar 31, 2026 | 51.28 Mn |
| Dec 31, 2025 | 52.60 Mn |
| Sep 30, 2025 | 51.14 Mn |
| Jun 30, 2025 | 49.29 Mn |
| Mar 31, 2025 | 46.35 Mn |
| Dec 31, 2024 | 50.05 Mn |
| Sep 30, 2024 | 47.12 Mn |
| Jun 30, 2024 | 45.77 Mn |
| Mar 31, 2024 | 46.42 Mn |
| Dec 31, 2023 | 46.44 Mn |
| Sep 30, 2023 | 46.13 Mn |
| Jun 30, 2023 | 47.25 Mn |
| Mar 31, 2023 | 45.48 Mn |
| Dec 31, 2022 | 45.94 Mn |
| Sep 30, 2022 | 44.13 Mn |
| Jun 30, 2022 | 44.02 Mn |
| Mar 31, 2022 | 43.03 Mn |
| Dec 31, 2021 | 45.62 Mn |
| Sep 30, 2021 | 42.28 Mn |