Raytheon Technologies R&D decreased by 20.5% to $627.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $637.00M to $627.00M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a 0.7% CAGR.
Analysis
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.
research_and_developmentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $657.00M | $676.00M | $810.00M | $635.00M | $698.00M | $662.00M | $716.00M | $607.00M | $729.00M | $712.00M | $757.00M | $669.00M | $706.00M | $751.00M | $808.00M | $637.00M | $697.00M | $684.00M | $789.00M | $627.00M |
| QoQ Change | — | +2.9% | +19.8% | -21.6% | +9.9% | -5.2% | +8.2% | -15.2% | +20.1% | -2.3% | +6.3% | -11.6% | +5.5% | +6.4% | +7.6% | -21.2% | +9.4% | -1.9% | +15.4% | -20.5% |
| YoY Change | — | — | — | — | +6.2% | -2.1% | -11.6% | -4.4% | +4.4% | +7.6% | +5.7% | +10.2% | -3.2% | +5.5% | +6.7% | -4.8% | -1.3% | -8.9% | -2.4% | -1.6% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Collins Aerospace | — | — | — | $313.00M | $329.00M | $307.00M | $353.00M | $295.00M |
| Pratt & Whitney | — | — | — | $229.00M | $249.00M | $267.00M | $288.00M | $220.00M |
| Raytheon | — | — | — | $98.00M | $121.00M | $115.00M | $149.00M | $114.00M |
| Collins Aerospace Systems | $352.00M | $352.00M | $352.00M | — | — | — | — | — |
| Total | $706.00M | $751.00M | $808.00M | $637.00M | $697.00M | $684.00M | $789.00M | $627.00M |
Collins Aerospace Systems is derived from annual filings.
Collins Aerospace Systems was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
R&D at Other Companies
Frequently Asked Questions
- What is Raytheon Technologies's r&d?
- Raytheon Technologies (RTX) reported r&d of $627.00M in Q1 2026.
- How has Raytheon Technologies's r&d changed year-over-year?
- Raytheon Technologies's r&d decreased by 1.6% year-over-year, from $637.00M to $627.00M.
- What is the long-term trend for Raytheon Technologies's r&d?
- Over 4 years (2021 to 2025), Raytheon Technologies's r&d has grown at a 0.7% compound annual growth rate (CAGR), from $2.73B to $2.81B.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.