Hexagon AB (FRA:HXG) Research & Development: €856 Mil (TTM As of Mar. 2026)


FRA:HXG Hexagon AB FRA:HXG
84 GF Score
Price €7.12
GF Value €7.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Hexagon AB Research & Development?

Hexagon AB FRA:HXG -3.36% 84 Research & Development is €856 Mil as of Mar. 2026. GuruFocus rates FRA:HXG with a GF Score™ of 84/100 and a GF Value™ of €7.20 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hexagon AB's Research & Development for the three months ended in Mar. 2026 was €124 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €856 Mil.

Hexagon AB  (FRA:HXG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Hexagon AB Research & Development Related Terms

Hexagon AB Research & Development Historical Data

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The historical data trend for Hexagon AB's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hexagon AB Research & Development Chart

Hexagon AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 510.80 607.10 674.50 683.70 924.00

Hexagon AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.10 186.90 365.00 180.50 123.80
FRA:HXG
84GF Score
Hexagon AB FRA:HXG
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexagon AB Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €856 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €856 Mil mean?
Hexagon AB (FRA:HXG) has a Research & Development of €856 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hexagon AB and its competitors.
Is Hexagon AB's Research & Development too high?
Hexagon AB's current Research & Development is €856 Mil. Overall, Hexagon AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Research & Development compare to COHR and KEYS?
Hexagon AB's Research & Development of €856 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Hexagon AB and its competitors. Hexagon AB's current Research & Development is €856 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon AB stock overvalued right now?
Based on GuruFocus' analysis, Hexagon AB (FRA:HXG) is currently considered Fairly Valued. The stock's GF Value™ is €7.20, compared to a current price of €7.12 — trading 1.1% below its estimated fair value. The current Research & Development is €856 Mil. Hexagon AB's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current Research & Development is €856 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hexagon AB (FRA:HXG) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon AB stock appears to be undervalued. The current stock price of €7.12 is trading 1.1% below its estimated GF Value™ of €7.20. GuruFocus considers Hexagon AB to be Fairly Valued.

Key valuation signals for FRA:HXG:

  • Research & Development: €856 Mil
  • GF Value™: €7.20 vs. price of €7.12 (1.1% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the FRA:HXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hexagon AB Business Description

Address Lilla Bantorget 15, Stockholm, SWE, 111 23
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
84GF Score

Get the complete analysis for FRA:HXG

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.12
Price
€7.20
GF Value