Elbit Systems (ESLT) Research & Development (2009 - 2025)
Elbit Systems (ESLT) reported Research & Development of $144.1 million for Q4 2025, up 9.84% year-over-year from $131.2 million in Q4 2024, and up 11.61% quarter-over-quarter from $129.1 million in Q3 2025.
Elbit Systems (ESLT) Research & Development (2009 - 2025) Analysis & Trends
Elbit Systems (ESLT) has 17 years of Research & Development data on file, last reported at $144.1 million in Q4 2025.
- Research & Development for Q4 2025 came in at $144.1 million, up 9.84% year-over-year; the trailing twelve-month figure through Dec 2025 was $517.1 million (up 10.88% YoY), and the FY2025 annual result was $517.1 million, up 10.88% from the prior year.
- Research & Development climbed to $144.1 million in Q4 2025 per ESLT's latest filing, from $129.1 million in the prior quarter.
- Over five years, Research & Development peaked at $144.1 million in Q4 2025 and troughed at $84.3 million in Q1 2021.
- A 5-year average of $111.9 million and a median of $113.6 million in 2021 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 25.01% in 2024 and fell as far as 10.69% in 2024.
- A 5-year view of Research & Development shows it stood at $114.0 million in 2021, then grew by 10.07% to $125.4 million in 2022, then fell by 6.43% to $117.4 million in 2023, then climbed by 11.79% to $131.2 million in 2024, then grew by 9.84% to $144.1 million in 2025.
- Business Quant data shows ESLT's Research & Development at $144.1 million in Q4 2025, $129.1 million in Q3 2025, and $129.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 406,069.86 |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 440.00 Mn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 627.00 Mn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 903.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 9.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | - |
| 10 | Elbit Systems | 9,521.51 | -445.57 Mn | 529.79 Mn | 144.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 144.10 Mn |
| Sep 30, 2025 | 129.11 Mn |
| Jun 30, 2025 | 129.67 Mn |
| Mar 31, 2025 | 114.27 Mn |
| Dec 31, 2024 | 131.19 Mn |
| Sep 30, 2024 | 119.89 Mn |
| Jun 30, 2024 | 116.80 Mn |
| Mar 31, 2024 | 98.52 Mn |
| Dec 31, 2023 | 117.36 Mn |
| Sep 30, 2023 | 103.32 Mn |
| Jun 30, 2023 | 93.43 Mn |
| Mar 31, 2023 | 110.32 Mn |
| Dec 31, 2022 | 125.43 Mn |
| Sep 30, 2022 | 113.19 Mn |
| Jun 30, 2022 | 96.35 Mn |
| Mar 31, 2022 | 100.68 Mn |
| Dec 31, 2021 | 113.95 Mn |
| Sep 30, 2021 | 101.47 Mn |
| Jun 30, 2021 | 95.41 Mn |
| Mar 31, 2021 | 84.26 Mn |