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% on a QoQ basis from $129.1 million in Q3 2025.
Elbit Systems (ESLT) has 17 years of Research & Development data on file, last reported at $144.1 million in Q4 2025.
- Quarterly Research & Development rose 9.84% year-over-year to $144.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $517.1 million (up 10.88% YoY) and the FY2025 annual result came in at $517.1 million, up 10.88% from the prior year.
- Research & Development improved to $144.1 million in Q4 2025 per ESLT's latest filing, from $129.1 million in the prior quarter.
- Across five years, Research & Development topped out at $144.1 million in Q4 2025 and bottomed at $84.3 million in Q1 2021.
- The 5-year median for Research & Development is $113.6 million (2021), against an average of $111.9 million.
- Peak annual rise in Research & Development reached 25.01% in 2024, while the deepest fall reached 10.69% in 2024.
- Tracing ESLT's Research & Development over 5 years: stood at $114.0 million in 2021, then advanced by 10.07% to $125.4 million in 2022, then dropped by 6.43% to $117.4 million in 2023, then gained by 11.79% to $131.2 million in 2024, then advanced by 9.84% to $144.1 million in 2025.
- Per Business Quant, the three latest ESLT Research & Development figures stand at $144.1 million (Q4 2025), $129.1 million (Q3 2025), and $129.7 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 440.00 Mn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 627.00 Mn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 903.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | - |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 80.51 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | - |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | - |
| 10 | Elbit Systems | 35.10 Bn | 34.65 Bn | 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 |
| Dec 31, 2020 | 109.06 Mn |
| Sep 30, 2020 | 91.28 Mn |
| Jun 30, 2020 | 78.97 Mn |
| Mar 31, 2020 | 80.44 Mn |
| Dec 31, 2019 | 97.63 Mn |
| Sep 30, 2019 | 79.47 Mn |
| Jun 30, 2019 | 77.30 Mn |
| Mar 31, 2019 | 77.35 Mn |
| Dec 31, 2018 | 72.99 Mn |
| Sep 30, 2018 | 69.63 Mn |
| Jun 30, 2018 | 76.56 Mn |
| Mar 31, 2018 | 68.19 Mn |
| Dec 31, 2017 | 72.46 Mn |
| Sep 30, 2017 | 67.09 Mn |
| Jun 30, 2017 | 67.07 Mn |
| Mar 31, 2017 | 58.44 Mn |
| Dec 31, 2016 | 66.98 Mn |
| Sep 30, 2016 | 65.58 Mn |
| Jun 30, 2016 | 67.19 Mn |
| Mar 31, 2016 | 56.05 Mn |
| Dec 31, 2015 | 69.30 Mn |
| Sep 30, 2015 | 61.00 Mn |
| Jun 30, 2015 | 57.51 Mn |
| Mar 31, 2015 | 55.61 Mn |
| Dec 31, 2014 | 71.02 Mn |
| Sep 30, 2014 | 55.83 Mn |
| Jun 30, 2014 | 52.22 Mn |
| Mar 31, 2014 | 48.94 Mn |
| Dec 31, 2013 | 63.93 Mn |
| Sep 30, 2013 | 54.01 Mn |
| Jun 30, 2013 | 51.49 Mn |
| Mar 31, 2013 | 51.05 Mn |
| Dec 31, 2012 | 68.27 Mn |
| Sep 30, 2012 | 50.70 Mn |
| Jun 30, 2012 | 55.65 Mn |
| Mar 31, 2012 | 58.77 Mn |
| Dec 31, 2011 | 75.96 Mn |
| Sep 30, 2011 | 55.53 Mn |
| Jun 30, 2011 | 55.39 Mn |
| Mar 31, 2011 | 54.21 Mn |
| Dec 31, 2010 | 68.47 Mn |
| Sep 30, 2010 | 56.15 Mn |
| Jun 30, 2010 | 56.85 Mn |
| Mar 31, 2010 | 52.67 Mn |
| Dec 31, 2009 | 61.84 Mn |
| Sep 30, 2009 | 56.02 Mn |
| Jun 30, 2009 | 53.01 Mn |
| Mar 31, 2009 | 45.90 Mn |