Elbit Systems (ESLT) Research & Development (2009 - 2025)

Elbit Systems (ESLT) posted quarterly Research & Development of $144.1 million for Q4 2025, up 9.84% year-on-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) Research & Development (2009 - 2025) Analysis & Trends

Elbit Systems (ESLT) has reported Research & Development for 17 consecutive years, with $144.1 million the latest figure, recorded 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.
  • Over the last five years, Research & Development for ESLT reached as high as $144.1 million in Q4 2025 and fell as low as $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.
  • The largest YoY upside for Research & Development was 25.01% in 2024 against a maximum downside of 10.69% in 2024.
  • Year by year, Research & Development 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.
  • According to Business Quant data, Research & Development over the past three periods registered $144.1 million, $129.1 million, and $129.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn 460.00 Mn
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 726.00 Mn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn 921.00 Mn
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn -
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 9.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn -
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn -
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn -
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn -
10 Elbit Systems 36.70 Bn 35.88 Bn 529.79 Mn 144.10 Mn

Historic Data

Download Data
DateValue
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