Callaway Golf (CALY) Research & Development (2010 - 2026)
Callaway Golf (CALY) posted Research & Development of $15.8 million for Q2 2026, up 2.6% from $15.4 million a year earlier and up 3.9% from the prior quarter.
Powered by 
Analysis
Callaway Golf (CALY) Research & Development (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Callaway Golf was $55.4 million, up 22.6% year-over-year; for FY2025, it came in at $65.5 million, up 2.2% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In prior years, Callaway Golf's Research & Development was $64.1 million in FY2024 (+3.7%), $61.8 million in FY2023 (-19.1%), $76.4 million in FY2022 (+12.4%) and $68 million in FY2021 (+46.9%).
- Quarterly Research & Development has run from a low of -$8.1 million in Q4 2024 to a high of $27 million in Q2 2024 over five years.
- On a year-over-year basis, Research & Development increased in 1 of the last six quarters, with an average decline of 14.6%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2021, with growth of 55.8%; the weakest was Q2 2025, with a decline of 43.0%.
- According to Business Quant data, Research & Development for the three prior quarters was $15.2 million (Q1 2026), $4.3 million (Q4 2025) and $20.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | - |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 93.60 Mn |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 20.76 Mn |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | - |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | - |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 15.80 Mn |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 56.90 Mn |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | 430,759.00 |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | - |
| 10 | Smith & Wesson Brands | 629.10 Mn | 541.36 Mn | 32.27 Mn | 2.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.80 Mn |
| Mar 31, 2026 | 15.20 Mn |
| Dec 31, 2025 | 4.30 Mn |
| Sep 30, 2025 | 20.10 Mn |
| Jun 30, 2025 | 15.40 Mn |
| Mar 31, 2025 | 15.90 Mn |
| Dec 31, 2024 | -8.10 Mn |
| Sep 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Mar 31, 2024 | 23.20 Mn |
| Dec 31, 2023 | -5.60 Mn |
| Sep 30, 2023 | 22.60 Mn |
| Jun 30, 2023 | 22.00 Mn |
| Mar 31, 2023 | 22.80 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 19.20 Mn |
| Jun 30, 2022 | 18.70 Mn |
| Mar 31, 2022 | 17.50 Mn |
| Dec 31, 2021 | 19.20 Mn |
| Sep 30, 2021 | 15.80 Mn |
API Access
Callaway Golf Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();