Eaton annual r&d spending
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Eaton R&D Spending Growth & History (ETN)
Eaton's r&d spending was $797.0M for fiscal 2025.
View full Eaton company overviewEaton annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $797.0M | $3.0M | +0.38% |
| 2024 | 2024-12-31 | $794.0M | $40.0M | +5.31% |
| 2023 | 2023-12-31 | $754.0M | $89.0M | +13.38% |
| 2022 | 2022-12-31 | $665.0M | $49.0M | +7.95% |
| 2021 | 2021-12-31 | $616.0M | $65.0M | +11.80% |
| 2020 | 2020-12-31 | $551.0M | −$55.0M | −9.08% |
| 2019 | 2019-12-31 | $606.0M | $22.0M | +3.77% |
| 2018 | 2018-12-31 | $584.0M | $0 | 0.00% |
| 2017 | 2017-12-31 | $584.0M | −$3.0M | −0.51% |
| 2016 | 2016-12-31 | $587.0M | −$38.0M | −6.08% |
| 2015 | 2015-12-31 | $625.0M | −$22.0M | −3.40% |
| 2014 | 2014-12-31 | $647.0M | $3.0M | +0.47% |
| 2013 | 2013-12-31 | $644.0M | $205.0M | +46.70% |
| 2012 | 2012-12-31 | $439.0M | $22.0M | +5.28% |
| 2011 | 2011-12-31 | $417.0M | −$8.0M | −1.88% |
| 2010 | 2010-12-31 | $425.0M | — | — |
Eaton quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $227.0M | $35.0M | +18.23% |
| Q1 2026 | 2026-03-31 | $211.0M | $13.0M | +6.57% |
| Q4 2025 | 2025-12-31 | $204.0M | $2.0M | +0.99% |
| Q3 2025 | 2025-09-30 | $203.0M | −$4.0M | −1.93% |
| Q2 2025 | 2025-06-30 | $192.0M | −$4.0M | −2.04% |
| Q1 2025 | 2025-03-31 | $198.0M | $9.0M | +4.76% |
| Q4 2024 | 2024-12-31 | $202.0M | $1.0M | +0.50% |
| Q3 2024 | 2024-09-30 | $207.0M | $20.0M | +10.70% |
| Q2 2024 | 2024-06-30 | $196.0M | $9.0M | +4.81% |
| Q1 2024 | 2024-03-31 | $189.0M | $10.0M | +5.59% |
| Q4 2023 | 2023-12-31 | $201.0M | $34.0M | +20.36% |
| Q3 2023 | 2023-09-30 | $187.0M | $22.0M | +13.33% |
| Q2 2023 | 2023-06-30 | $187.0M | $19.0M | +11.31% |
| Q1 2023 | 2023-03-31 | $179.0M | $14.0M | +8.48% |
| Q4 2022 | 2022-12-31 | $167.0M | $5.0M | +3.09% |
| Q3 2022 | 2022-09-30 | $165.0M | $13.0M | +8.55% |
| Q2 2022 | 2022-06-30 | $168.0M | $14.0M | +9.09% |
| Q1 2022 | 2022-03-31 | $165.0M | $17.0M | +11.49% |
| Q4 2021 | 2021-12-31 | $162.0M | $22.0M | +15.71% |
| Q3 2021 | 2021-09-30 | $152.0M | $20.0M | +15.15% |
| Q2 2021 | 2021-06-30 | $154.0M | $28.0M | +22.22% |
| Q1 2021 | 2021-03-31 | $148.0M | −$5.0M | −3.27% |
| Q4 2020 | 2020-12-31 | $140.0M | −$12.0M | −7.89% |
| Q3 2020 | 2020-09-30 | $132.0M | −$15.0M | −10.20% |
| Q2 2020 | 2020-06-30 | $126.0M | −$25.0M | −16.56% |
| Q1 2020 | 2020-03-31 | $153.0M | −$3.0M | −1.92% |
| Q4 2019 | 2019-12-31 | $152.0M | $7.0M | +4.83% |
| Q3 2019 | 2019-09-30 | $147.0M | $9.0M | +6.52% |
| Q2 2019 | 2019-06-30 | $151.0M | $6.0M | +4.14% |
| Q1 2019 | 2019-03-31 | $156.0M | $0 | 0.00% |
| Q4 2018 | 2018-12-31 | $145.0M | $1.0M | +0.69% |
| Q3 2018 | 2018-09-30 | $138.0M | −$9.0M | −6.12% |
| Q2 2018 | 2018-06-30 | $145.0M | −$5.0M | −3.33% |
| Q1 2018 | 2018-03-31 | $156.0M | $13.0M | +9.09% |
| Q4 2017 | 2017-12-31 | $144.0M | $1.0M | +0.70% |
| Q3 2017 | 2017-09-30 | $147.0M | $1.0M | +0.68% |
| Q2 2017 | 2017-06-30 | $150.0M | $1.0M | +0.67% |
| Q1 2017 | 2017-03-31 | $143.0M | −$6.0M | −4.03% |
| Q4 2016 | 2016-12-31 | $143.0M | −$10.0M | −6.54% |
| Q3 2016 | 2016-09-30 | $146.0M | −$10.0M | −6.41% |
| Q2 2016 | 2016-06-30 | $149.0M | −$9.0M | −5.70% |
| Q1 2016 | 2016-03-31 | $149.0M | −$9.0M | −5.70% |
| Q4 2015 | 2015-12-31 | $153.0M | −$1.0M | −0.65% |
| Q3 2015 | 2015-09-30 | $156.0M | −$7.0M | −4.29% |
| Q2 2015 | 2015-06-30 | $158.0M | −$10.0M | −5.95% |
| Q1 2015 | 2015-03-31 | $158.0M | −$4.0M | −2.47% |
| Q4 2014 | 2014-12-31 | $154.0M | −$11.0M | −6.67% |
| Q2 2014 | 2014-09-30 | $163.0M | −$3.0M | −1.81% |
| Q1 2014 · Jun 30 | 2014-06-30 | $168.0M | $7.0M | +4.35% |
| Q1 2014 · Mar 31 | 2014-03-31 | $162.0M | $10.0M | +6.58% |
| Q4 2013 | 2013-12-31 | $165.0M | $39.0M | +30.95% |
| Q3 2013 | 2013-09-30 | $166.0M | $64.0M | +62.75% |
| Q2 2013 | 2013-06-30 | $161.0M | $55.0M | +51.89% |
| Q1 2013 | 2013-03-31 | $152.0M | $47.0M | +44.76% |
| Q4 2012 | 2012-12-31 | $126.0M | — | — |
| Q3 2012 | 2012-09-30 | $102.0M | — | — |
| Q2 2012 | 2012-06-30 | $106.0M | — | — |
| Q1 2012 | 2012-03-31 | $105.0M | — | — |
Eaton r&d spending trends
Over the last five fiscal years, Eaton's r&d spending increased from $551.0M to $797.0M, a change of $246.0M. The latest reported quarter, Q2 2026, shows $227.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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