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Eaton (ETN) R&D spending by quarter

Eaton's R&D spending was $238M in Q3 2026 (third quarter 2026), +5% from Q2 2026. Over the last 7 quarters it ranged from $192M (Q2 2025) to $238M (Q3 2026).

Eaton R&D spending by quarterEaton R&D spending by quarter$198MQ1 2025$192MQ2 2025$203MQ3 2025$203MQ4 2025$211MQ1 2026$227MQ2 2026$238MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$238M+5%+17%
Q2 2026$227M+8%+18%
Q1 2026$211M+4%+7%
Q4 2025$203M0%—
Q3 2025$203M+6%—
Q2 2025$192M-3%—
Q1 2025$198M——

Q3 2026 at a glance

Eaton, Q3 2026: revenue $8.9B (+28% year over year), operating margin 15.3%, net earnings $1.1B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.

Questions

What is Eaton's R&D spending?

Eaton's R&D spending was $238M in Q3 2026 (third quarter 2026), +5% from Q2 2026.

How has Eaton's R&D spending changed?

Over the last 7 quarters it ranged from $192M (Q2 2025) to $238M (Q3 2026).

Q3 2026 results → · How Eaton makes money →