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Business Segments · Research and development expenses

Connect & Control Technologies — Research and development expenses

ITT Connect & Control Technologies — Research and development expenses increased by 31.3% to $12.6M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 51.8%, from $8.3M to $12.6M. Over 3 years (FY 2022 to FY 2025), Connect & Control Technologies — Research and development expenses shows an upward trend with a 7.1% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 6, 2026
Rolls up toR&D

How to read this metric

Higher spending suggests a focus on long-term growth and product differentiation, while lower spending may indicate a focus on short-term profitability.

Detailed definition

Reflects the investment made by the Connect & Control Technologies segment into innovation, product design, and engineer...

Peer comparison

R&D intensity varies by industry; peers in high-tech manufacturing typically maintain consistent R&D as a percentage of revenue.

Metric ID: itt_segment_connect_control_technologies_research_and_development_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.55M$7.55M$7.55M$7.55M$8.18M$8.18M$8.18M$8.18M$8.3M$8.8M$8.8M$8.6M$8.3M$9.8M$9.4M$9.6M$12.6M
QoQ Change+0.0%+0.0%+0.0%+8.3%+0.0%+0.0%+0.0%+1.5%+6.0%+0.0%-2.3%-3.5%+18.1%-4.1%+2.1%+31.3%
YoY Change+8.3%+8.3%+8.3%+8.3%+1.5%+7.6%+7.6%+5.2%+0.0%+11.4%+6.8%+11.6%+51.8%
Range$7.55M$12.6M
CAGR+13.7%
Avg YoY Growth+10.5%
Median YoY Growth+8.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is ITT's connect & control technologies — research and development expenses?
ITT (ITT) reported connect & control technologies — research and development expenses of $12.6M in Q1 2026.
How has ITT's connect & control technologies — research and development expenses changed year-over-year?
ITT's connect & control technologies — research and development expenses increased by 51.8% year-over-year, from $8.3M to $12.6M.
What is the long-term trend for ITT's connect & control technologies — research and development expenses?
Over 3 years (2022 to 2025), ITT's connect & control technologies — research and development expenses has grown at a 7.1% compound annual growth rate (CAGR), from $30.2M to $37.1M.
What does connect & control technologies — research and development expenses mean?
The amount spent on developing new products and improving existing technologies within the segment.