Stepan (SCL) Research & Development (2010 - 2026)
Stepan (SCL) recorded Research & Development of $17.2 million in Q2 2026, up 17.0% from $14.7 million a year earlier and up 14.7% from the prior quarter.
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Analysis
Stepan (SCL) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Stepan's Research & Development came in at $62.12 million as of Jun 30, 2026, up 9.6% year-over-year; for FY2025, it was $59.28 million, up 6.5% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $55.67 million in FY2024 (-5.7%), $59.04 million in FY2023 (-11.4%), $66.63 million in FY2022 (+6.3%) and $62.69 million in FY2021 (+8.1%).
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q2 2010.
- On a year-over-year basis, Research & Development has increased for six consecutive quarters, with growth averaging 3.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 17.0% in Q2 2026, against a decline of 15.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $14.99 million (Q1 2026), $15.7 million (Q4 2025) and $14.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 388.00 Mn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 34.00 Mn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | - |
| 10 | Stepan | 1.42 Bn | 912.58 Mn | 99.98 Mn | 17.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.20 Mn |
| Mar 31, 2026 | 14.99 Mn |
| Dec 31, 2025 | 15.70 Mn |
| Sep 30, 2025 | 14.23 Mn |
| Jun 30, 2025 | 14.70 Mn |
| Mar 31, 2025 | 14.65 Mn |
| Dec 31, 2024 | 13.79 Mn |
| Sep 30, 2024 | 13.53 Mn |
| Jun 30, 2024 | 14.09 Mn |
| Mar 31, 2024 | 14.26 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Sep 30, 2023 | 14.48 Mn |
| Jun 30, 2023 | 14.11 Mn |
| Mar 31, 2023 | 15.14 Mn |
| Dec 31, 2022 | 16.54 Mn |
| Sep 30, 2022 | 16.93 Mn |
| Jun 30, 2022 | 16.69 Mn |
| Mar 31, 2022 | 16.47 Mn |
| Dec 31, 2021 | 17.05 Mn |
| Sep 30, 2021 | 15.50 Mn |
API Access
Stepan 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=SCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SCL", "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=SCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();