Operating Expenses

R&D

PPG Industries R&D increased by 3.7% to $113.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.8%, from $102.00M to $113.00M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a -0.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$107.00M$114.00M$116.00M$115.00M$115.00M$110.00M$94.00M$104.00M$110.00M$108.00M$102.00M$107.00M$108.00M$102.00M$106.00M$102.00M$106.00M$106.00M$109.00M$113.00M
QoQ Change+6.5%+1.8%-0.9%+0.0%-4.3%-14.5%+10.6%+5.8%-1.8%-5.6%+4.9%+0.9%-5.6%+3.9%-3.8%+3.9%+0.0%+2.8%+3.7%
YoY Change+7.5%-3.5%-19.0%-9.6%-4.3%-1.8%+8.5%+2.9%-1.8%-5.6%+3.9%-4.7%-1.9%+3.9%+2.8%+10.8%
Range$94.00M$116.00M
CAGR+1.2%
Avg YoY Growth-0.7%
Median YoY Growth-1.8%
Current Streak4 quarters growth

Frequently Asked Questions

What is PPG Industries's r&d?
PPG Industries (PPG) reported r&d of $113.00M in Q1 2026.
How has PPG Industries's r&d changed year-over-year?
PPG Industries's r&d increased by 10.8% year-over-year, from $102.00M to $113.00M.
What is the long-term trend for PPG Industries's r&d?
Over 4 years (2021 to 2025), PPG Industries's r&d has grown at a -0.9% compound annual growth rate (CAGR), from $439.00M to $423.00M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.