Boyd Gaming (BYD) Research & Development (2015 - 2026)
Boyd Gaming (BYD) recorded quarterly Research & Development of $20.3 million in Q1 2026, up 183.63% quarter-over-quarter from $7.1 million in Q4 2025, and up 1431.67% on a YoY basis from $1.3 million in Q1 2025.
Boyd Gaming (BYD) Research & Development (2015 - 2026) Analysis & Trends
Boyd Gaming's Research & Development history runs 12 years deep, the most recent figure standing at $20.3 million for Q1 2026.
- In Q1 2026, Research & Development rose 1431.67% year-over-year to $20.3 million; the TTM figure through Mar 2026 stood at $34.2 million (up 42.12% YoY), while the FY2025 annual figure was $12.4 million, down 56.74% from the prior year.
- Research & Development was $20.3 million for Q1 2026 at Boyd Gaming, up from $7.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $20.3 million in Q1 2026 to a low of -$19.5 million in Q4 2022.
- Historically, Research & Development has averaged $2.0 million across 5 years, with a median of $3.0 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development tumbled 808.76% in 2022, then surged 1431.67% in 2026.
- A 5-year view of Research & Development shows it stood at -$19.5 million in 2022, then jumped by 111.99% to $2.3 million in 2023, then surged by 183.67% to $6.6 million in 2024, then climbed by 7.98% to $7.1 million in 2025, then surged by 183.63% to $20.3 million in 2026.
- The last three Research & Development figures came in at $20.3 million (Q1 2026), $7.1 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | - |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 20.27 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -1.02 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | - |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.27 Mn |
| Dec 31, 2025 | 7.15 Mn |
| Sep 30, 2025 | 3.97 Mn |
| Jun 30, 2025 | 2.76 Mn |
| Mar 31, 2025 | -1.52 Mn |
| Dec 31, 2024 | 6.62 Mn |
| Sep 30, 2024 | 11.35 Mn |
| Jun 30, 2024 | 7.59 Mn |
| Mar 31, 2024 | 3.02 Mn |
| Dec 31, 2023 | 2.33 Mn |
| Sep 30, 2023 | 2.41 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Mar 31, 2023 | -18.87 Mn |
| Dec 31, 2022 | -19.46 Mn |
| Sep 30, 2022 | 9.65 Mn |
| Jun 30, 2022 | 912,000.00 |
| Mar 31, 2022 | -10.03 Mn |
| Dec 31, 2021 | 18.30 Mn |
| Sep 30, 2021 | 10.65 Mn |
| Jun 30, 2021 | 1.45 Mn |