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R&D at other companies

Caterpillar logo
CaterpillarCAT
$537M+11.9%
Deere & Company logo
Deere & CompanyDE
$583M+6.2%
Samsara logo
SamsaraIOT
$97.57M+17.2%
CNH Industrial N.V. logo
CNH Industrial N.V.CNH
$232M+26.1%
Donaldson Company logo
Donaldson CompanyDCI
$19.2M-10.3%
Otis Worldwide logo
Otis WorldwideOTIS
$38M+2.7%

Other financials

Income statement

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Revenue$1.7B+41.1%
Gross profit$206.0M-16.6%
Operating income-$82.0M-219%
Net income-$89.0M-524%
EPS (diluted)-$0.93-400%

Balance sheet

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Cash & equivalents$392.0M+31.5%
Total debt$2.8B+6.8%
Total equity$4.8B+161%
Total assets$10.2B+74.5%

Cash flow

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Operating cash flow-$31.0M-47.6%
CapEx$26.0M-27.8%
Free cash flow-$57.0M0.0%

Valuation

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Market cap$7.63B+168%
Enterprise value$10B+89.5%
P/E68.8×+57.4×
P/S1.3×+0.7×

Profitability

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Gross margin17.3%-2.8pp
Operating margin5.5%-3.2pp
Net margin1.9%-3.1pp
FCF margin5.4%+1.5pp

Returns & leverage

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Return on equity3.3%-10.7pp
Debt / equity0.6×-0.8×
Current ratio1.8×-0.3×

Where this comes from

Reported directly by Terex in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Terex’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Terex's R&D?
Terex (TEX) reported R&D of $9.75M in Q4 2025.
How has Terex's R&D changed year-over-year?
Terex's R&D increased by 56.0% year-over-year, from $6.25M to $9.75M.
What is the long-term trend for Terex's R&D?
Over 4 years (2021 to 2025), Terex's R&D has grown at a -7.0% compound annual growth rate (CAGR), from $52.2M to $39M.
What does R&D mean?
Spending on innovation, new product development, and process improvements.
How do you interpret R&D?
Higher spending generally signals a commitment to innovation and future growth, while declining spending may suggest cost-cutting or a shift in strategic focus.
How does R&D compare across companies?
Varies by industry; in heavy machinery, this is often a steady percentage of revenue aimed at product lifecycle management.