ITT R&D increased by 23.5% to $33.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.8%, from $25.30M to $33.10M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 3.6% 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 | $23.20M | $22.50M | $24.90M | $25.00M | $24.30M | $24.40M | $22.80M | $26.40M | $25.70M | $25.00M | $25.50M | $30.00M | $29.70M | $28.60M | $28.00M | $25.30M | $29.00M | $28.10M | $26.80M | $33.10M |
| QoQ Change | — | -3.0% | +10.7% | +0.4% | -2.8% | +0.4% | -6.6% | +15.8% | -2.7% | -2.7% | +2.0% | +17.6% | -1.0% | -3.7% | -2.1% | -9.6% | +14.6% | -3.1% | -4.6% | +23.5% |
| YoY Change | — | — | — | — | +4.7% | +8.4% | -8.4% | +5.6% | +5.8% | +2.5% | +11.8% | +13.6% | +15.6% | +14.4% | +9.8% | -15.7% | -2.4% | -1.7% | -4.3% | +30.8% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Motion Technologies | — | — | — | $11.40M | $11.70M | $11.90M | $10.40M | $12.70M |
| Connect & Control Technologies | — | — | — | $8.30M | $9.80M | $9.40M | $9.60M | $12.60M |
| Flow Technologies | — | — | — | — | — | — | — | $7.80M |
| Industrial Process | $6.00M | $6.30M | $6.60M | $6.10M | $6.30M | $6.40M | $6.00M | — |
| Total | $29.70M | $28.60M | $28.00M | $25.30M | $29.00M | $28.10M | $26.80M | $33.10M |
Industrial Process 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 ITT's r&d?
- ITT (ITT) reported r&d of $33.10M in Q1 2026.
- How has ITT's r&d changed year-over-year?
- ITT's r&d increased by 30.8% year-over-year, from $25.30M to $33.10M.
- What is the long-term trend for ITT's r&d?
- Over 4 years (2021 to 2025), ITT's r&d has grown at a 3.6% compound annual growth rate (CAGR), from $94.90M to $109.20M.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.