HON · 10-Q · 2026Q3 · Full report

Operating Expense Trends

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 10 · Surprise 6

Third-quarter R&D expense declined slightly as a percentage of sales because Industrial Automation reduced investment in new product development. Year-to-date R&D expense remained flat as a percentage of sales because investment in new product development stayed consistent. Third-quarter SG&A expense was flat year over year. Year-to-date SG&A expense decreased because Corporate overhead costs fell in connection with the Aerospace Spin-Off.

Key facts

• Year-to-date 2026 selling, general and administrative expenses decreased due to lower Corporate overhead costs in connection with the Aerospace Spin-Off. source
• Selling, general and administrative expenses remained flat in Q3 2026 compared to Q3 2025. source
• Q3 2026 research and development expenses declined slightly as a percentage of net sales due to decreased investment in new product development in Industrial Automation. source
• Year-to-date 2026 research and development expenses remained flat as a percentage of net sales. source