Callaway Golf (CALY) Research & Development (2010 - 2026)

Callaway Golf's Research & Development history runs 17 years deep, the most recent figure standing at $15.2 million for Q1 2026.

• In Q1 2026, Research & Development fell 4.4% year-over-year to $15.2 million; the TTM figure through Mar 2026 stood at $59.4 million (up 4.58% YoY), while the FY2025 annual figure was $65.5 million, up 2.18% from the prior year.
• Research & Development was $15.2 million for Q1 2026 at Callaway Golf, up from $4.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $27.0 million in Q2 2024 to a low of -$8.1 million in Q4 2024.
• Historically, Research & Development has averaged $16.3 million across 5 years, with a median of $19.8 million in 2025.
• The sharpest annual moves came in 2023 and 2025: Research & Development plunged 126.67% in 2023, then jumped 153.09% in 2025.
• A 5-year view of Research & Development shows it stood at $21.0 million in 2022, then slumped by 126.67% to -$5.6 million in 2023, then slumped by 44.64% to -$8.1 million in 2024, then jumped by 153.09% to $4.3 million in 2025, then soared by 253.49% to $15.2 million in 2026.
• The last three Research & Development figures came in at $15.2 million (Q1 2026), $4.3 million (Q4 2025), and $20.1 million (Q3 2025), per Business Quant data.