What is Ashland's R&D?

Ashland (ASH) reported R&D of $14M in Q1 2026.

How has Ashland's R&D changed year-over-year?

Ashland's R&D decreased by 0.0% year-over-year, from $14M to $14M.

What is the long-term trend for Ashland's R&D?

Over 4 years (2021 to 2025), Ashland's R&D has grown at a 1.5% compound annual growth rate (CAGR), from $50M to $53M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Ashland ASH R&D

R&D at other companies

International Flavors & FragrancesIFF

$166M+1.2%

DowDOW

$181M-9.5%

Eastman ChemicalEMN

$60M-10.4%

InnospecIOSP

$13.2M+3.9%

Minerals TechnologiesMTX

$6.1M+5.2%

Element SolutionsESI

$20.2M+27.0%

Segments

By segment

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Personal Care And Household$6M-14.3%

Specialty Additives$4M+33.3%

Life Sciences$3M-25.0%

Unallocated And Other$1M—

Intermediates And Solvents$0—

Other financials

Income statement

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Revenue$482.0M+0.6%

Gross profit$147.0M0.0%

Operating income$39.0M-23.5%

Net income$16.0M-48.4%

EPS (diluted)$0.34-47.7%

Balance sheet

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Cash & equivalents$343.0M+104%

Total debt$1.5B-0.6%

Total equity$1.9B-27.1%

Total assets$4.5B-14.0%

Cash flow

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Operating cash flow$50.0M+456%

CapEx$17.0M-19.0%

Free cash flow$33.0M+375%

Valuation

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Market cap$2.93B-9.0%

Enterprise value$4.06B-10.6%

P/S1.6×0.0×

Profitability

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Gross margin30%-1.7pp

Operating margin-37.3%—

Net margin-40.8%-48.8pp

FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity-33.4%-38.5pp

Debt / equity0.8×+0.2×

Current ratio3.1×+0.7×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Ashland’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ashland's R&D?: Ashland (ASH) reported R&D of $14M in Q1 2026.
How has Ashland's R&D changed year-over-year?: Ashland's R&D decreased by 0.0% year-over-year, from $14M to $14M.
What is the long-term trend for Ashland's R&D?: Over 4 years (2021 to 2025), Ashland's R&D has grown at a 1.5% compound annual growth rate (CAGR), from $50M to $53M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.