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Rockwell Automation ROK Intelligent Devices — Research and development expense

Other segment segments

Software & Control
$98M+11.4%
Lifecycle Services
$16M+45.5%

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Other financials

Income statement

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Revenue$2.2B+11.9%
Gross profit$1.1B+15.7%
Net income$350.0M+38.9%
EPS (diluted)$3.10+39.6%

Balance sheet

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Cash & equivalents$423.0M-6.0%
Total debt$4.1B-0.9%
Total equity$3.5B+2.4%
Total assets$11.3B+2.4%

Cash flow

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Operating cash flow$320.0M+60.8%
CapEx$45.0M+60.7%
Free cash flow$275.0M+60.8%

Valuation

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Market cap$53.34B+47.3%
Enterprise value$56.97B+42.9%
P/E49×+9.1×
P/S6.1×+1.5×

Profitability

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Gross margin52.5%+1.4pp
Net margin12.4%+1.0pp
FCF margin15.2%+1.8pp

Returns & leverage

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Return on equity31.3%+5.3pp
Debt / equity1.2×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Rockwell Automation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Rockwell Automation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rockwell Automation's intelligent devices — research and development expense?
Rockwell Automation (ROK) reported intelligent devices — research and development expense of $66M in Q1 2026.
How has Rockwell Automation's intelligent devices — research and development expense changed year-over-year?
Rockwell Automation's intelligent devices — research and development expense increased by 1.5% year-over-year, from $65M to $66M.
What does intelligent devices — research and development expense mean?
Represents the costs incurred for innovation, product design, and engineering within the Intelligent Devices segment. This investment is critical for maintaining competitive advantage in industrial automation hardware. High spending indicates a commitment to product lifecycle management and future technological leadership.