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
DateValue
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