Orion (OEC) Research & Development (2017 - 2026)
Orion (OEC) recorded Research & Development of $7.2 million in Q2 2026, up 10.8% from $6.5 million a year earlier but down 1.4% from the prior quarter.
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Analysis
Orion (OEC) Research & Development (2017 - 2026) Analysis & Trends
On a TTM basis, Orion's Research & Development came in at $28.9 million as of Jun 30, 2026, up 6.6% year-over-year; for FY2025, it was $27.5 million, up 1.5% from FY2024.
- Annual Research & Development has increased for three straight years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $27.1 million in FY2024 (+10.6%), $24.5 million in FY2023 (+12.9%), $21.7 million in FY2022 (-1.4%) and $22 million in FY2021 (+8.9%).
- Quarterly Research & Development has ranged from $4.5 million in Q3 2022 to $7.5 million in Q4 2025 over the past five years.
- On a year-over-year basis, Research & Development has increased for three consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 62.6% in Q4 2021, against a decline of 22.5% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.3 million (Q1 2026), $7.5 million (Q4 2025) and $6.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 21.50 Mn |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 34.00 Mn |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | - |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 98.00 Mn |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 107.00 Mn |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | - |
| 10 | Orion | 296.10 Mn | 82.80 Mn | 93.00 Mn | 7.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.20 Mn |
| Mar 31, 2026 | 7.30 Mn |
| Dec 31, 2025 | 7.50 Mn |
| Sep 30, 2025 | 6.90 Mn |
| Jun 30, 2025 | 6.50 Mn |
| Mar 31, 2025 | 6.60 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Sep 30, 2024 | 7.00 Mn |
| Jun 30, 2024 | 6.50 Mn |
| Mar 31, 2024 | 6.60 Mn |
| Dec 31, 2023 | 6.20 Mn |
| Sep 30, 2023 | 6.20 Mn |
| Jun 30, 2023 | 5.90 Mn |
| Mar 31, 2023 | 6.20 Mn |
| Dec 31, 2022 | 5.80 Mn |
| Sep 30, 2022 | 4.50 Mn |
| Jun 30, 2022 | 5.90 Mn |
| Mar 31, 2022 | 5.50 Mn |
| Dec 31, 2021 | 5.60 Mn |
| Sep 30, 2021 | 5.70 Mn |
API Access
Orion 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=OEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "OEC", "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=OEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();