Elbit Systems (ESLT) Research & Development (2009 - 2025)
Elbit Systems (ESLT) posted quarterly Research & Development of $144.1 million for Q4 2025, up 9.84% YoY from $131.2 million in Q4 2024, and up 11.61% sequentially from $129.1 million in Q3 2025.
Elbit Systems (ESLT) Research & Development (2009 - 2025) Analysis & Trends
Elbit Systems has disclosed Research & Development across 17 years of filings, most recently posting $144.1 million for Q4 2025.
- In Q4 2025, Research & Development rose 9.84% year-over-year to $144.1 million; the TTM figure through Dec 2025 stood at $517.1 million (up 10.88% YoY), while the FY2025 annual figure was $517.1 million, up 10.88% from the prior year.
- Research & Development rose to $144.1 million in Q4 2025, 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.
- The 5-year median for Research & Development is $113.6 million (2021), against an average of $111.9 million.
- The widest YoY moves for Research & Development: up 25.01% in 2024, down 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.
- 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 903.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 627.00 Mn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 9.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | - |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | - |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 80.51 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | - |
| 10 | Elbit Systems | 34.74 Bn | 33.92 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 |