What is Axalta Coating Systems's R&D?

Axalta Coating Systems (AXTA) reported R&D of $18M in Q1 2026.

How has Axalta Coating Systems's R&D changed year-over-year?

Axalta Coating Systems's R&D increased by 5.9% year-over-year, from $17M to $18M.

What is the long-term trend for Axalta Coating Systems's R&D?

Over 4 years (2021 to 2025), Axalta Coating Systems's R&D has grown at a 3.3% compound annual growth rate (CAGR), from $62.4M to $71M.

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

Axalta Coating Systems AXTA R&D

R&D at other companies

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$113M+10.8%

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$60M-10.4%

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$20.2M+27.0%

DowDOW

$181M-9.5%

Viavi Solutions Inc.VIAV

$71M+42.0%

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$19.97M+3.1%

Other financials

Income statement

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Revenue$1.3B-0.6%

Gross profit$416.0M-3.9%

Operating income$146.0M-17.0%

Net income$90.0M-9.1%

EPS (diluted)$0.42-6.7%

Balance sheet

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Cash & equivalents$611.0M+5.7%

Total debt$3.2B-7.9%

Total equity$2.4B+16.6%

Total assets$7.6B+2.0%

Cash flow

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Operating cash flow$68.0M+162%

CapEx$50.0M+16.3%

Free cash flow$18.0M+206%

Valuation

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Market cap$7.44B-18.3%

Enterprise value$9.98B-16.2%

P/E20.2×-0.1×

P/S1.5×-0.3×

Profitability

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Gross margin34.2%-0.2pp

Operating margin13.8%-0.7pp

Net margin7.2%-1.3pp

FCF margin9.6%+1.8pp

Returns & leverage

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Return on equity16.4%-7.2pp

Debt / equity1.3×-0.3×

Current ratio2.1×0.0×

Where this comes from

Reported directly by Axalta Coating Systems in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Axalta Coating Systems’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axalta Coating Systems's R&D?: Axalta Coating Systems (AXTA) reported R&D of $18M in Q1 2026.
How has Axalta Coating Systems's R&D changed year-over-year?: Axalta Coating Systems's R&D increased by 5.9% year-over-year, from $17M to $18M.
What is the long-term trend for Axalta Coating Systems's R&D?: Over 4 years (2021 to 2025), Axalta Coating Systems's R&D has grown at a 3.3% compound annual growth rate (CAGR), from $62.4M to $71M.
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.