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| 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 |