Elbit Systems (ESLT) Research & Development (2009 - 2026)
Elbit Systems (ESLT) recorded Research & Development of $159.12 million in the quarter ended Jun 30, 2026, up 22.7% from $129.67 million a year earlier and up 5.8% from the prior quarter.
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Analysis
Elbit Systems (ESLT) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Elbit Systems' Research & Development came in at $582.72 million as of Jun 30, 2026, up 17.7% year-over-year; for the year ended Dec 31, 2025, it was $517.14 million, up 10.9% from the prior year.
- Annual Research & Development has a five-year compound annual growth rate of 7.5% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Research & Development came in at $466.4 million in the year ended Dec 31, 2024 (+9.9%), $424.42 million in the year ended Dec 31, 2023 (-2.6%), $435.65 million in the year ended Dec 31, 2022 (+10.3%) and $395.09 million in the year ended Dec 31, 2021 (+9.8%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Research & Development in data going back to the quarter ended Mar 31, 2009.
- On a year-over-year basis, Research & Development has increased for nine consecutive quarters, with growth averaging 15.8% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 31.6% in the quarter ended Mar 31, 2026, against a decline of 10.7% in the quarter ended Mar 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $150.39 million (quarter ended Mar 31, 2026), $144.1 million (quarter ended Dec 31, 2025) and $129.11 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 305.96 Bn | 264.47 Bn | 5.02 Bn | 458.00 Mn |
| 2 | Rtx | 258.78 Bn | 227.05 Bn | 5.81 Bn | 711.00 Mn |
| 3 | Boeing | 152.08 Bn | 58.77 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 127.01 Bn | 113.73 Bn | 2.45 Bn | - |
| 5 | General Dynamics | 93.41 Bn | 80.52 Bn | 2.18 Bn | - |
| 6 | Howmet Aerospace | 83.06 Bn | 78.66 Bn | 951.00 Mn | 8.00 Mn |
| 7 | Motorola Solutions | 77.59 Bn | 73.94 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 76.72 Bn | 64.17 Bn | 2.35 Bn | - |
| 9 | Honeywell International | 68.15 Bn | 20.27 Bn | 3.65 Bn | 524.00 Mn |
| 10 | Elbit Systems | 33.98 Bn | 30.54 Bn | 579.01 Mn | 159.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 159.12 Mn |
| Mar 31, 2026 | 150.39 Mn |
| 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 |
API Access
Elbit Systems Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ESLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ESLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ESLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();