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Hexcel (HXL) R&D spending by quarter

Hexcel's R&D spending was $17.3M in Q2 2026 (second quarter 2026), -3% from Q1 2026. Over the last 6 quarters it ranged from $13.8M (Q1 2025) to $17.8M (Q1 2026).

Hexcel R&D spending by quarterHexcel R&D spending by quarter$13.8MQ1 2025$14.3MQ2 2025$14.0MQ3 2025$14.3MQ4 2025$17.8MQ1 2026$17.3MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$17.3M-3%+21%
Q1 2026$17.8M+24%+29%
Q4 2025$14.3M+2%—
Q3 2025$14.0M-2%—
Q2 2025$14.3M+4%—
Q1 2025$13.8M——

Q2 2026 at a glance

Hexcel, Q2 2026: revenue $529M (+8% year over year), operating margin 13.7%, net earnings $49.3M, operating cash flow $77.7M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hexcel's R&D spending?

Hexcel's R&D spending was $17.3M in Q2 2026 (second quarter 2026), -3% from Q1 2026.

How has Hexcel's R&D spending changed?

Over the last 6 quarters it ranged from $13.8M (Q1 2025) to $17.8M (Q1 2026).

Q2 2026 results → · How Hexcel makes money →