Illinois Tool (ITW) r&d spend was $302M in FY2025 (+3% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$302M
+3%
2024
$292M
+3%
2023
$284M
+6%
2022
$269M
+13%
2021
$239M
+12%
2020
$214M
-3%
2019
$221M
-5%
2018
$233M
+4%
2017
$225M
+1%
2016
$223M
+2%
2015
$218M
-4%
2014
$227M
-5%
2013
$240M
+0%
2012
$240M
+9%
2011
$221M
+4%
2010
$213M
+11%
2009
$192M
-10%
2008
$213M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$302M
Q4 2024
$292M
Q4 2023
$284M
Q4 2022
$269M
Q4 2021
$239M
Q4 2020
$214M
Q4 2019
$221M
Q4 2018
$233M
Q4 2017
$225M
Q4 2016
$223M
Q4 2015
$218M
Q4 2014
$227M
Source: ITW on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.