Xylem (XYL) Research & Development (2010 - 2026)
Xylem (XYL) recorded Research & Development of $59 million in Q2 2026, up 1.7% from $58 million a year earlier and up 5.4% from the prior quarter.
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Analysis
Xylem (XYL) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Xylem's Research & Development came in at $227 million as of Jun 30, 2026, unchanged year-over-year; for FY2025, it came in at $226 million, down 1.7% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $230 million in FY2024 (-0.9%), $232 million in FY2023 (+12.6%), $206 million in FY2022 (+1.0%) and $204 million in FY2021 (+9.1%).
- Quarterly Research & Development has ranged from $47 million in Q3 2022 to $61 million in Q3 2023 over the past five years.
- On a year-over-year basis, Research & Development rose in two of the last eight quarters, with an average decline of 2.3%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 29.8% in Q3 2023, against a decline of 9.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $56 million (Q1 2026), $60 million (Q4 2025) and $52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | - |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 59.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 73.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | - |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | - |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 2.85 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | 172,807.00 |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | 1.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 60.00 Mn |
| Sep 30, 2025 | 52.00 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Mar 31, 2025 | 56.00 Mn |
| Dec 31, 2024 | 58.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Jun 30, 2024 | 58.00 Mn |
| Mar 31, 2024 | 59.00 Mn |
| Dec 31, 2023 | 60.00 Mn |
| Sep 30, 2023 | 61.00 Mn |
| Jun 30, 2023 | 58.00 Mn |
| Mar 31, 2023 | 53.00 Mn |
| Dec 31, 2022 | 54.00 Mn |
| Sep 30, 2022 | 47.00 Mn |
| Jun 30, 2022 | 53.00 Mn |
| Mar 31, 2022 | 52.00 Mn |
| Dec 31, 2021 | 52.00 Mn |
| Sep 30, 2021 | 49.00 Mn |
API Access
Xylem 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=XYL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "XYL", "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=XYL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();