Company / R&D Expense
RTX Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.8B
FY2025
5-year range
$2.5B / $2.9B
FY2021-FY2025
Trend
-4.3%
vs FY2024
Sector context
#3 of 174
Industrials
What the data says
Among 174 Industrials companies, RTX Corporation is in the top 2% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $1.9B in FY2020 to $2.9B in FY2024.
Based on SEC 10-K filings.
$2.8B in FY2025 with a 5-year CAGR of +8.4%. Ranks 3rd among 174 companies in Industrials.
Improved from $2.7B to $2.8B over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +2.8%
- 5-Year CAGR
- +8.4%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in IndustrialsTop 2% of 174This company $2.8B Sector average $273.7M
▼
+925.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.4%, indicating consistent growth.
- In FY2025, r&d expense decreased 4.3% year-over-year.
- Ranks #3 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.8B | -4.3% |
| FY2024 | $2.9B | +7.4% |
| FY2023 | $2.7B | +5.8% |
| FY2022 | $2.6B | +5.3% |
| FY2021 | $2.5B | +30.6% |
| FY2020 | $1.9B | -23.4% |
| FY2019 | $2.5B | +30.6% |
| FY2018 | $1.9B | -22.6% |
| FY2017 | $2.4B | +2.1% |
| FY2016 | $2.4B | +1.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026