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| 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 |