Rafael Holdings (RFL) Research & Development (2018 - 2026)

Rafael Holdings' (RFL) quarterly Research & Development came in at $4.9 million in Q2 2026, up 61.61% year-on-year from $3.0 million in Q2 2025, and up 7.15% on a QoQ basis from $4.5 million in Q1 2026.

Rafael Holdings (RFL) Research & Development (2018 - 2026) Analysis & Trends

Rafael Holdings (RFL) has 9 years of Research & Development data on file, last reported at $4.9 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 61.61% year-over-year to $4.9 million in Q2 2026; TTM through Apr 2026 was $17.1 million, a 150.74% increase from a year earlier, with the FY2025 full-year figure at $12.8 million, up 207.51% from the prior year.
  • Research & Development for Q2 2026 stood at $4.9 million, up from $4.5 million in the prior quarter.
  • Over the last five years, Research & Development for RFL reached as high as $7.5 million in Q4 2025 and fell as low as $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.
  • Across the five-year window, Research & Development surged 1037.16% in 2022 and sank 84.96% in 2025, its largest moves.
  • Year by year, Research & Development stood at $2.1 million in 2022, then plunged by 76.5% to $489000.0 in 2023, then jumped by 171.17% to $1.3 million in 2024, then surged by 464.4% to $7.5 million in 2025, then tumbled by 35.15% to $4.9 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $4.9 million in Q2 2026, $4.5 million in Q1 2026, and $7.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn - -
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 -
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn -156.88 Mn
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn -
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - -
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 421.00 Mn
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 119.00 Mn
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn -
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 24.00 Mn
10 Rafael Holdings 109.12 Mn 114.54 Mn 171,000.00 4.85 Mn

Historic Data

Download Data
DateValue
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