Rafael Holdings (RFL) Research & Development (2018 - 2026)
Rafael Holdings (RFL) posted quarterly Research & Development of $4.9 million for Q2 2026, up 61.61% year-over-year from $3.0 million in Q2 2025, and up 7.15% quarter-over-quarter from $4.5 million in Q1 2026.
Rafael Holdings (RFL) Research & Development (2018 - 2026) Analysis & Trends
Rafael Holdings (RFL) has reported Research & Development for 9 consecutive years, with $4.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 61.61% year-over-year to $4.9 million; the TTM figure through Apr 2026 stood at $17.1 million (up 150.74% YoY), while the FY2025 annual figure was $12.8 million, up 207.51% from the prior year.
- Research & Development climbed to $4.9 million in Q2 2026 per RFL's latest filing, from $4.5 million in the prior quarter.
- Across five years, Research & Development topped out at $7.5 million in Q4 2025 and bottomed at $232000.0 in Q3 2025.
- Historically, Research & Development has averaged $2.0 million across 5 years, with a median of $1.5 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development jumped 1037.16% — and 2025, when it tumbled 84.96%.
- Rafael Holdings' Research & Development stood at $2.1 million in 2022, then plunged by 76.5% to $489000.0 in 2023, then surged by 171.17% to $1.3 million in 2024, then soared by 464.4% to $7.5 million in 2025, then tumbled by 35.15% to $4.9 million in 2026.
- Business Quant data shows RFL's Research & Development at $4.9 million in Q2 2026, $4.5 million in Q1 2026, and $7.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -156.88 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 395.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 109.00 Mn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | - |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | - |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | - |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 65.00 Mn |
| 10 | Rafael Holdings | 99.38 Mn | 99.38 Mn | 171,000.00 | 4.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 4.85 Mn |
| Jan 31, 2026 | 4.53 Mn |
| Oct 31, 2025 | 7.48 Mn |
| Jul 31, 2025 | 232,000.00 |
| Apr 30, 2025 | 3.00 Mn |
| Jan 31, 2025 | 947,000.00 |
| Oct 31, 2024 | 1.33 Mn |
| Jul 31, 2024 | 1.54 Mn |
| Apr 30, 2024 | 1.53 Mn |
| Jan 31, 2024 | 612,000.00 |
| Oct 31, 2023 | 489,000.00 |
| Jul 31, 2023 | 1.27 Mn |
| Apr 30, 2023 | 740,000.00 |
| Jan 31, 2023 | 2.23 Mn |
| Oct 31, 2022 | 2.08 Mn |
| Jul 31, 2022 | 1.84 Mn |
| Apr 30, 2022 | 1.41 Mn |
| Jan 31, 2022 | 274,000.00 |
| Oct 31, 2021 | 183,000.00 |
| Jul 31, 2021 | 1.56 Mn |