What is Whirlpool's R&D?

Whirlpool (WHR) reported R&D of $92.5M in Q4 2025.

How has Whirlpool's R&D changed year-over-year?

Whirlpool's R&D decreased by 8.6% year-over-year, from $101.25M to $92.5M.

What is the long-term trend for Whirlpool's R&D?

Over 4 years (2021 to 2025), Whirlpool's R&D has grown at a -6.5% compound annual growth rate (CAGR), from $485M to $370M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Whirlpool WHR R&D

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——

Other financials

Income statement

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Revenue$3.3B-9.6%

Gross profit$415.0M-31.6%

Operating income$18.0M-90.2%

Net income-$82.0M-215%

EPS (diluted)-$1.43-212%

Balance sheet

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Cash & equivalents$626.0M-38.9%

Total debt$6.5B+5.8%

Total equity$3.8B+47.1%

Total assets$16.2B-2.0%

Cash flow

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Operating cash flow-$827.0M-14.7%

CapEx$68.0M-5.6%

Free cash flow-$895.0M-12.9%

Valuation

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Market cap$2.35B-30.4%

Enterprise value$8.25B-7.5%

P/E14.3×-467×

P/S0.2×-0.1×

Profitability

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Gross margin14.5%-1.7pp

Operating margin4.4%—

Net margin1.1%+1.0pp

FCF margin-0.1%—

Returns & leverage

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Return on equity5.2%+4.9pp

Debt / equity1.7×-0.7×

Current ratio0.9×+0.2×

Where this comes from

Reported directly by Whirlpool in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Whirlpool’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Whirlpool's R&D?: Whirlpool (WHR) reported R&D of $92.5M in Q4 2025.
How has Whirlpool's R&D changed year-over-year?: Whirlpool's R&D decreased by 8.6% year-over-year, from $101.25M to $92.5M.
What is the long-term trend for Whirlpool's R&D?: Over 4 years (2021 to 2025), Whirlpool's R&D has grown at a -6.5% compound annual growth rate (CAGR), from $485M to $370M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.