Boyd Gaming (BYD) Research & Development (2015 - 2026)
Boyd Gaming (BYD) posted quarterly Research & Development of $15.4 million for Q2 2026, up 455.57% year-over-year from $2.8 million in Q2 2025, and down 24.24% quarter-over-quarter from $20.3 million in Q1 2026.
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 $15.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 455.57% year-over-year to $15.4 million; the TTM figure through Jun 2026 stood at $46.7 million (up 143.36% YoY), while the FY2025 annual figure was $12.4 million, down 56.74% from the prior year.
- Research & Development for Q2 2026 stood at $15.4 million, down from $20.3 million in the prior quarter.
- The five-year high for Research & Development was $20.3 million in Q1 2026, with the low at -$19.5 million in Q4 2022.
- The 5-year median for Research & Development is $3.5 million (2024), against an average of $2.7 million.
- The sharpest annual moves came in 2022 and 2026: Research & Development slumped 808.76% in 2022, then jumped 1431.67% in 2026.
- Boyd Gaming's Research & Development stood at -$19.5 million in 2022, then soared by 111.99% to $2.3 million in 2023, then jumped by 183.67% to $6.6 million in 2024, then advanced by 7.98% to $7.1 million in 2025, then soared by 114.89% to $15.4 million in 2026.
- Business Quant data shows BYD's Research & Development at $15.4 million in Q2 2026, $20.3 million in Q1 2026, and $7.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 43.00 Mn |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | - |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | - |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 15.36 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | - |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 281.00 Mn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | - |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.36 Mn |
| 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 |