Non-Current Assets

Indefinite-Lived Research and Development Assets

Raytheon Technologies Indefinite-Lived Research and Development Assets decreased by 0.0% to $8.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $8.47B to $8.48B. Over 5 years (FY 2020 to FY 2025), Indefinite-Lived Research and Development Assets shows relatively stable performance with a -0.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase indicates aggressive investment in external innovation, while a decrease may signal project completion, commercialization, or impairment charges.

Detailed definition

This represents the value of acquired in-process research and development (IPR&D) projects that have not yet reached com...

Peer comparison

Common in pharmaceutical and medical device sectors where M&A is a primary driver of R&D pipelines.

Metric ID: indefinite_lived_rd_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.72B$8.70B$8.70B$8.69B$8.65B$8.60B$8.64B$8.64B$8.66B$8.65B$8.66B$8.66B$8.65B$8.68B$8.46B$8.47B$8.48B$8.48B$8.48B$8.48B
QoQ Change-0.2%-0.1%-0.1%-0.5%-0.6%+0.5%+0.0%+0.2%-0.2%+0.2%-0.1%-0.0%+0.3%-2.5%+0.1%+0.1%-0.0%+0.0%-0.0%
YoY Change-0.8%-1.2%-0.6%-0.5%+0.2%+0.5%+0.3%+0.2%-0.1%+0.4%-2.3%-2.1%-2.0%-2.4%+0.2%+0.0%
Range$8.46B$8.72B
CAGR-0.6%
Avg YoY Growth-0.6%
Median YoY Growth-0.3%

Indefinite-Lived Research and Development Assets at Other Companies

Frequently Asked Questions

What is Raytheon Technologies's indefinite-lived research and development assets?
Raytheon Technologies (RTX) reported indefinite-lived research and development assets of $8.48B in Q1 2026.
How has Raytheon Technologies's indefinite-lived research and development assets changed year-over-year?
Raytheon Technologies's indefinite-lived research and development assets increased by 0.0% year-over-year, from $8.47B to $8.48B.
What is the long-term trend for Raytheon Technologies's indefinite-lived research and development assets?
Over 5 years (2020 to 2025), Raytheon Technologies's indefinite-lived research and development assets has grown at a -0.5% compound annual growth rate (CAGR), from $8.71B to $8.48B.
What does indefinite-lived research and development assets mean?
The value of ongoing research projects acquired from other companies that are not yet ready for sale.